Plan Snapshot
- Plan Sponsor: Kenny Seng Construction, INC.
- Sponsor EIN: 870453743
- Sponsor Address: 814 SOUTH LAKEVIEW PARKWAY, PROVO, UT, 84601
- Plan Type: 401(k)
- Total Participants: 261
- Total Assets: $10.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 261 | $10.1M | $357,988 | $699,676 |
| 2023 | 204 | $9.0M | $354,652 | $706,437 |
| 2022 | 190 | $7.5M | $321,091 | $662,485 |
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 |
|---|---|---|---|---|
| ONEDIGITAL INVESTMENT ADVISORS | Investment Advisor | $24,391 | — | $24,391 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,391
- Estimated Expense Ratio: 0.242% 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 | $26,074 | — | $26,074 | — | — |
| 2023 | $21,635 | — | $21,635 | — | — |
| 2022 | — | — | — | — | — |