Plan Snapshot
- Plan Sponsor: Kiawah Resort Associates, L.P.
- Sponsor EIN: 570955829
- Sponsor Address: ONE KIAWAH ISLAND PARKWAY, KIAWAH ISLAND, SC, 29455
- Plan Type: 401(k)
- Total Participants: 340
- Total Assets: $17.3M
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 | 340 | $17.3M | $146,055 | $1.1M |
| 2023 | 301 | $15.5M | $139,350 | $1.0M |
| 2022 | 292 | $14.2M | $128,919 | $1.0M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $30,994 | — | $30,994 |
| ROYAL ALLIANCE ASSOCIATES, INC. | INVESTMENT/FINANCIAL ADVI | $25,105 | — | $25,105 |
| CHERRY BEKAERT | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- ROYAL ALLIANCE ASSOCIATES, INC. — INVESTMENT/FINANCIAL ADVI
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,099
- Estimated Expense Ratio: 0.325% 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 | $56,100 | $25,105 | — | — | — |
| 2023 | $55,589 | $21,572 | — | — | — |
| 2022 | $65,006 | — | — | — | — |