Plan Snapshot
- Plan Sponsor: Kline & Specter, P.C.
- Sponsor EIN: 232830302
- Sponsor Address: 1525 LOCUST STREET, PHILADELPHIA, PA, 19102
- Plan Type: 401(k)
- Total Participants: 229
- Total Assets: $32.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 229 | $32.3M | $1.1M | $1.6M |
| 2023 | 192 | $26.9M | $848,963 | $1.3M |
| 2022 | 179 | $24.2M | $688,025 | $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 |
|---|---|---|---|---|
| WHISMAN, GIORDANO & ASSOCIATES, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WHISMAN, GIORDANO & ASSOCIATES, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $47,035 | $48,378 | — | — | — |
| 2023 | $38,475 | $42,077 | — | — | — |
| 2022 | $36,694 | — | — | — | — |