Plan Snapshot
- Plan Sponsor: Kenney Shelton Liptak & Nowak LLP
- Sponsor EIN: 161468707
- Sponsor Address: 233 FRANKLIN STREET, BUFFALO, NY, 14202
- Plan Type: 401(k)
- Total Participants: 57
- Total Assets: $10.7M
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 | 57 | $10.7M | $237,658 | $510,985 |
| 2023 | 72 | $9.1M | $348,439 | $529,329 |
| 2022 | 75 | $7.8M | $303,105 | $487,391 |
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 |
|---|---|---|---|---|
| DANSA DARATA & SOUCIA CPAS LLP | Auditor | — | — | $0 |
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 | $62,891 | $50,750 | $1,195 | — | — |
| 2023 | $52,044 | $42,545 | $1,315 | — | — |
| 2022 | $68,002 | — | — | — | $68,002 |