Plan Snapshot
- Plan Sponsor: King'S Electric Services
- Sponsor EIN: 311217350
- Sponsor Address: 2964 S. STATE ROUTE 42, LEBANON, OH, 45036
- Plan Type: 401(k)
- Total Participants: 94
- Total Assets: $5.4M
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 | 94 | $5.4M | $251,996 | $403,008 |
| 2023 | 78 | $4.4M | $200,634 | $329,309 |
| 2022 | 86 | $3.4M | $182,788 | $294,450 |
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 |
|---|---|---|---|---|
| BARNES DENNIG | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BARNES DENNIG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $247,957 | — | $13,344 | — | — |
| 2023 | $119,135 | — | $10,772 | — | — |
| 2022 | $9,929 | $39 | — | — | — |