Plan Snapshot
- Plan Sponsor: Kizan Technologies, LLC
- Sponsor EIN: 611377783
- Sponsor Address: 9462 BROWNSBORO RD, SUITE 327, LOUISVILLE, KY, 40241
- Plan Type: 401(k)
- Total Participants: 113
- Total Assets: $12.2M
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 | 113 | $12.2M | $251,674 | $991,779 |
| 2023 | 120 | $10.1M | $320,933 | $955,616 |
| 2022 | 119 | $7.7M | $347,778 | $820,317 |
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 | CONTRACT ADMINISTRATOR | $47,286 | — | $47,286 |
| AMERIPRISE FINANCIAL SERVICES INC | OTHER SERVICES | — | $16,814 | $16,814 |
| ASCENSUS | CONTRACT ADMINISTRATOR | $5,465 | $5,426 | $10,891 |
| MONROE SHINE & CO., INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERIPRISE FINANCIAL SERVICES INC — OTHER SERVICES
- ASCENSUS — CONTRACT ADMINISTRATOR
- MONROE SHINE & CO., INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,991
- Estimated Expense Ratio: 0.615% 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 | $52,751 | — | $52,751 | — | — |
| 2023 | $38,667 | — | $38,667 | — | — |
| 2022 | $31,946 | — | $31,946 | — | — |