Plan Snapshot
- Plan Sponsor: Kin Insurance
- Sponsor EIN: 813300698
- Sponsor Address: 222 W. MERCHANDISE MART PLAZA, CHICAGO, IL, 60654
- Plan Type: 401(k)
- Total Participants: 679
- Total Assets: $20.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 679 | $20.9M | $2.0M | $4.6M |
| 2023 | 477 | $12.3M | $1.4M | $3.3M |
| 2022 | 283 | $4.6M | $0 | $1.6M |
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 |
|---|---|---|---|---|
| CREATIVE PLANNING | RETAINED BY PLAN SPONSOR | $57,008 | — | $57,008 |
| JOHN HANCOCK RETIREMENT PLAN SVCS | RETAINED BY PLAN SPONSOR | $52,375 | — | $52,375 |
| CHERRY BEKAERT | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CREATIVE PLANNING — RETAINED BY PLAN SPONSOR
- JOHN HANCOCK RETIREMENT PLAN SVCS — RETAINED BY PLAN SPONSOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,383
- Estimated Expense Ratio: 0.522% 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 | $109,383 | $57,008 | $52,375 | — | — |
| 2023 | $50,571 | $27,821 | $22,750 | — | — |
| 2022 | $21,360 | — | $21,360 | — | — |