Plan Snapshot
- Plan Sponsor: Kennedys Cmk LLP
- Sponsor EIN: 223493328
- Sponsor Address: 120 MOUNTAIN VIEW BLVD, BASKING RIDGE, NJ, 07920
- Plan Type: 401(k)
- Total Participants: 437
- Total Assets: $44.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 437 | $44.0M | $1.0M | $4.1M |
| 2023 | 365 | $32.4M | $926,538 | $3.4M |
| 2022 | 312 | $23.4M | $621,581 | $2.5M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $50,646 | — | $50,646 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $5,779 | — | $5,779 |
| BDG-CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- BDG-CPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,425
- Estimated Expense Ratio: 0.128% 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 | $56,395 | $5,779 | — | — | — |
| 2023 | $49,327 | $5,648 | — | — | — |
| 2022 | $41,017 | $3,265 | — | — | — |