Plan Snapshot
- Plan Sponsor: Kemlon Products & Development Group INC.
- Sponsor EIN: 741477450
- Sponsor Address: 1424 N MAIN ST., PEARLAND, TX, 77581
- Plan Type: 401(k)
- Total Participants: 392
- Total Assets: $34.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 392 | $34.5M | $294,164 | $1.6M |
| 2023 | 380 | $32.0M | $265,849 | $1.5M |
| 2022 | 373 | $27.2M | $259,160 | $1.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE CO | NONE | $950 | $110,942 | $111,892 |
| GLOBAL RETIREMENT PARTNERS | NONE | — | $31,029 | $31,029 |
| RT JONES CAPITAL EQUITIES MGMT INC | NONE | $7,795 | — | $7,795 |
| EYRING LEAVITT AND DRANEY PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $150,716
- Estimated Expense Ratio: 0.437% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $8,595 | $7,795 | $800 | — | — |
| 2023 | $5,851 | $5,851 | — | — | — |
| 2022 | $3,496 | — | $3,496 | — | — |