Plan Snapshot
- Plan Sponsor: Kinetic Advantage, LLC
- Sponsor EIN: 851409684
- Sponsor Address: 10333 N MERIDIAN ST, CARMEL, IN, 462901112
- Plan Type: 401(k)
- Total Participants: 199
- Total Assets: $7.4M
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 | 199 | $7.4M | $568,908 | $1.1M |
| 2023 | 223 | $5.5M | $573,747 | $1.1M |
| 2022 | 250 | $3.4M | $536,228 | $1.1M |
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 |
|---|---|---|---|---|
| INVST | ADVISORY | $39,400 | — | $39,400 |
| AMERITAS LIFE INSURANCE CORP | SERVICE PROVIDER | $17,016 | — | $17,016 |
| CBIZ CPAS P.C | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERITAS LIFE INSURANCE CORP — SERVICE PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,416
- Estimated Expense Ratio: 0.763% 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 | $58,274 | $39,400 | $17,016 | — | — |
| 2023 | $27,886 | $20,851 | — | — | — |
| 2022 | $18,762 | $13,188 | $5,574 | — | — |