Plan Snapshot
- Plan Sponsor: Kia America, INC.
- Sponsor EIN: 330539850
- Sponsor Address: 111 PETERS CANYON ROAD, IRVINE, CA, 92606
- Plan Type: 401(k)
- Total Participants: 722
- Total Assets: $141.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 722 | $141.6M | $4.6M | $7.7M |
| 2023 | 659 | $126.5M | $4.1M | $7.1M |
| 2022 | 581 | $108.7M | $3.9M | $6.6M |
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 |
|---|---|---|---|---|
| MERCER INVESTMENTS LLC | INVESTMENT ADVISOR | $262,156 | — | $262,156 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $54,619 | — | $54,619 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $20,507 | — | $20,507 |
| CLIFTON LARSON ALLEN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTON LARSON ALLEN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $337,282
- Estimated Expense Ratio: 0.238% 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 | $337,282 | $282,663 | — | — | — |
| 2023 | $291,479 | $11,288 | — | — | — |
| 2022 | $276,194 | — | $276,194 | — | — |