Plan Snapshot
- Plan Sponsor: Kinsley Group, INC.
- Sponsor EIN: 042430816
- Sponsor Address: 14 CONNECTICUT SOUTH DRIVE, EAST GRANBY, CT, 06026
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 247
- Total Assets: $18.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 247 | $18.4M | $0 | $0 |
| 2024 | 195 | $15.3M | $719,726 | $1.5M |
| 2023 | 188 | $10.9M | $614,597 | $1.3M |
| 2022 | 164 | $8.2M | $491,300 | $1.0M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $122,353 | $2,223 | $124,576 |
| ASCENSUS | Recordkeeper | $13,650 | $5,872 | $19,522 |
| CARON BLETZER, PLLC | Other Service Provider | — | $15,540 | $15,540 |
| KINSLEY GROUP, INC | Custodian / Trustee | — | $6,150 | $6,150 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $165,788
- Estimated Expense Ratio: 0.899% 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 |
|---|---|---|---|---|---|
| 2025 | $1,825,777 | — | $136,004 | — | — |
| 2024 | $75,257 | — | $75,257 | — | — |
| 2023 | $51,193 | — | $51,193 | — | — |
| 2022 | $42,956 | $42,956 | — | — | — |