Plan Snapshot
- Plan Sponsor: Kitson & Partners Management Ser
- Sponsor EIN: 261377793
- Sponsor Address: 4500 PGA BLVD, SUITE 400, PALM BEACH GARDENS, FL, 33418
- Plan Type: 401(k)
- Total Participants: 205
- Total Assets: $22.6M
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 | 205 | $22.6M | $443,404 | $1.5M |
| 2023 | 179 | $19.3M | $388,838 | $1.2M |
| 2022 | 164 | $16.8M | $328,837 | $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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | INVESTMENT/FINANCIAL ADVI | $38,643 | — | $38,643 |
| ADP, INC. | RECORD KEEPER | $31,673 | — | $31,673 |
| NISIVOCCIA LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY — INVESTMENT/FINANCIAL ADVI
- ADP, INC. — RECORD KEEPER
- NISIVOCCIA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $70,316
- Estimated Expense Ratio: 0.311% 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 | $70,317 | $38,644 | — | — | — |
| 2023 | $45,532 | $34,119 | — | — | — |
| 2022 | $37,020 | — | — | — | — |