Plan Snapshot
- Plan Sponsor: Kettle Cuisine, LLC
- Sponsor EIN: 452831734
- Sponsor Address: 330 LYNNWAY, LYNN, MA, 01901
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,451
- Total Assets: $49.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 1,451 | $49.3M | $0 | $0 |
| 2024 | 1,152 | $40.3M | $2.0M | $3.5M |
| 2023 | 982 | $33.9M | $1.7M | $3.2M |
| 2022 | 734 | $22.4M | $1.3M | $2.6M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | Recordkeeper | $109,266 | — | $109,266 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $50,546 | — | $50,546 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $41,177 | — | $41,177 |
| THE ANGELL PENSION GROUP INC | Other Service Provider | $30,402 | — | $30,402 |
| CARON & BLETZER, PLLC | Auditor | $14,000 | — | $14,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $245,391
- Estimated Expense Ratio: 0.498% 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 |
|---|---|---|---|---|---|
| 2025 | $4,134,424 | — | — | — | — |
| 2024 | $211,133 | — | — | — | — |
| 2023 | $151,946 | — | — | — | — |
| 2022 | $114,506 | — | — | — | — |