Plan Snapshot
- Plan Sponsor: Kestrel Engineering Group, INC.
- Sponsor EIN: 452542770
- Sponsor Address: 9611 NE 117TH AVENUE, SUITE 2840, VANCOUVER, WA, 98662
- Plan Type: 401(k)
- Total Participants: 134
- Total Assets: $18.2M
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 | 134 | $18.2M | $497,736 | $1.5M |
| 2023 | 123 | $15.3M | $481,939 | $1.3M |
| 2022 | 113 | $11.1M | $366,975 | $1.1M |
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 |
|---|---|---|---|---|
| OPPORTUNUS WEALTH MANAGEMENT | Investment Advisor | $44,625 | — | $44,625 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $12,057 | — | $12,057 |
| PRIME PENSIONS NORTHWEST, LLC | Recordkeeper | — | $10,000 | $10,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,682
- Estimated Expense Ratio: 0.366% 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 | $59,980 | $56,682 | $3,298 | — | — |
| 2023 | $51,283 | $46,658 | $3,974 | — | — |
| 2022 | $55,493 | $34,747 | $20,746 | — | — |