Plan Snapshot
- Plan Sponsor: Kingsway America INC.
- Sponsor EIN: 980180930
- Sponsor Address: 10 SOUTH RIVERSIDE PLAZA, CHICAGO, IL, 60606
- Plan Type: 401(k)
- Total Participants: 381
- Total Assets: $42.5M
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 | 381 | $42.5M | $528,097 | $2.0M |
| 2023 | 237 | $36.2M | $445,960 | $1.7M |
| 2022 | 232 | $30.1M | $475,707 | $2.0M |
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 |
|---|---|---|---|---|
| USI ADVISORS INC | ADVISOR | $37,000 | — | $37,000 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $7,218 | — | $7,218 |
| PLANTE & MORAN | PLAN SPONSOR | $5,000 | — | $5,000 |
| PLANTE & MORAN, PLLC | Auditor | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- PLANTE & MORAN — PLAN SPONSOR
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,218
- Estimated Expense Ratio: 0.128% 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 | $52,305 | $44,218 | — | $5,000 | — |
| 2023 | $49,140 | $43,167 | — | $3,400 | — |
| 2022 | $48,422 | $7,100 | — | — | — |