Plan Snapshot
- Plan Sponsor: Kendall Imports, LLC
- Sponsor EIN: 522135876
- Sponsor Address: 10943 SOUTH DIXIE HIGHWAY, MIAMI, FL, 33156
- Plan Type: 401(k)
- Total Participants: 497
- Total Assets: $22.9M
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 | 497 | $22.9M | $1.1M | $3.0M |
| 2023 | 526 | $20.0M | $1.1M | $2.8M |
| 2022 | 541 | $15.4M | $1.2M | $3.0M |
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 |
|---|---|---|---|---|
| WELLS FARGO CLEARING SERVICES, LLC | SERVICE PROVIDER | $58,320 | — | $58,320 |
| JOHN HANCOCK | RECORDKEEPER | $39,459 | — | $39,459 |
| THE BENEFIT PRACTICE | TPA | $19,100 | — | $19,100 |
| DE LA HOZ, PEREZ & BARBEITO, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WELLS FARGO CLEARING SERVICES, LLC — SERVICE PROVIDER
- JOHN HANCOCK — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $116,879
- Estimated Expense Ratio: 0.510% 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 | $120,211 | $61,891 | $58,320 | — | — |
| 2023 | $46,929 | — | $46,929 | — | — |
| 2022 | $55,765 | — | $55,765 | — | — |