Plan Snapshot
- Plan Sponsor: Kindercare Education LLC
- Sponsor EIN: 061097006
- Sponsor Address: 5005 MEADOWS ROAD SUITE 200, LAKE OSWEGO, OR, 97035
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2023 | 0 | $0 | $4.8M | $19.2M |
| 2022 | 35,171 | $199.6M | $4.4M | $17.9M |
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 INSURANCE COMPANY O | Other Service Provider | $670,093 | — | $670,093 |
| CREATIVE PLANNING LLC | Other Service Provider | $50,000 | — | $50,000 |
| LOCKTON INVESTMENT ADVISORS LLC | Other Service Provider | $25,000 | — | $25,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $745,093
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 |
|---|---|---|---|---|---|
| 2023 | $1,089,565 | $116,629 | — | $16,600 | — |
| 2022 | $972,798 | $79,321 | $127,003 | — | $300 |