Plan Snapshot
- Plan Sponsor: Kencrest Services, INC.
- Sponsor EIN: 251439925
- Sponsor Address: 960A HARVEST DRIVE, BLUE BELL, PA, 19422
- Plan Type: 403(b)
- Total Participants: 1,640
- Total Assets: $54.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 1,640 | $54.8M | $1.2M | $2.4M |
| 2023 | 1,672 | $50.8M | $1.0M | $2.0M |
| 2022 | 1,542 | $46.7M | $1.1M | $2.1M |
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 |
|---|---|---|---|---|
| WITHUM SMITH AND BROWN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM SMITH AND BROWN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $286,395 | — | $286,395 | — | — |
| 2023 | $237,997 | — | $237,997 | — | — |
| 2022 | $238,847 | — | $238,847 | — | — |