Plan Snapshot
- Plan Sponsor: Kent Security Services, INC.
- Sponsor EIN: 592234701
- Sponsor Address: 14600 BISCAYNE BOULEVARD, NORTH MIAMI, FL, 33181
- Plan Type: 401(k)
- Total Participants: 723
- Total Assets: $8.3M
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 | 723 | $8.3M | $214,530 | $395,931 |
| 2023 | 671 | $7.4M | $199,212 | $419,633 |
| 2022 | 665 | $6.0M | $197,508 | $421,230 |
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 |
|---|---|---|---|---|
| GUTIERREZ MADARIAGA, CPA P.A. | 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 | $41,189 | — | $34,492 | — | — |
| 2023 | $35,508 | — | — | — | — |
| 2022 | $30,480 | $4,079 | $26,401 | — | — |