Plan Snapshot
- Plan Sponsor: Knightvest Management, L.L.C.
- Sponsor EIN: 270878012
- Sponsor Address: 5400 LBJ FREEWAY, SUITE 450, DALLAS, TX, 75240
- Plan Type: 401(k)
- Total Participants: 588
- Total Assets: $12.2M
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 | 588 | $12.2M | $980,708 | $1.2M |
| 2023 | 526 | $9.7M | $885,534 | $1.2M |
| 2022 | 517 | $6.8M | $797,540 | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO | Recordkeeper | $76,580 | — | $76,580 |
| LINSCO/PRIVATE LEDGER CORP | Investment Advisor | — | $51,056 | $51,056 |
| DEFINITI LLC | Other Service Provider | $7,175 | $10,526 | $17,701 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $145,337
- Estimated Expense Ratio: 1.195% 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 | $86,155 | — | $7,175 | — | — |
| 2023 | $52,786 | $52,786 | — | — | — |
| 2022 | $43,323 | $43,323 | — | — | — |