Plan Snapshot
- Plan Sponsor: Kipo, LLC
- Sponsor EIN: 721012984
- Sponsor Address: 5709 SALMEN STREET, HARAHAN, LA, 70123
- Plan Type: 401(k)
- Total Participants: 166
- Total Assets: $10.5M
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 | 166 | $10.5M | $398,366 | $771,550 |
| 2023 | 157 | $9.5M | $394,486 | $781,308 |
| 2022 | 141 | $7.7M | $401,827 | $742,385 |
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 |
|---|---|---|---|---|
| WEALTHHARBOR CAPITAL GROUP | Investment Advisor | $34,814 | — | $34,814 |
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $29,184 | — | $29,184 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,998
- Estimated Expense Ratio: 0.607% 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 | $67,211 | — | $67,211 | — | — |
| 2023 | $57,144 | — | $57,144 | — | — |
| 2022 | $46,570 | — | $46,570 | — | — |