Plan Snapshot
- Plan Sponsor: Kensington Investment Company, INC.
- Sponsor EIN: 042860075
- Sponsor Address: 347 CONGRESS STREET, BOSTON, MA, 02210
- Plan Type: 401(k)
- Total Participants: 66
- Total Assets: $10.6M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 66 | $10.6M | $201,063 | $566,781 |
| 2023 | 78 | $8.7M | $242,112 | $489,859 |
| 2022 | 68 | $7.3M | $258,127 | $437,428 |
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 |
|---|---|---|---|---|
| RUCCI BARDARO & FALZONE | 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 | $623,063 | — | $49,066 | — | — |
| 2023 | $1,112,489 | — | $31,981 | — | — |
| 2022 | $31,336 | — | — | — | — |