Plan Snapshot
- Plan Sponsor: Koch Companies, LLC
- Sponsor EIN: 992447784
- Sponsor Address: IRS/DOL NOTICES, WICHITA, KS, 67220
- Plan Type: 401(k)
- Total Participants: 11,749
- Total Assets: $4.3B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 11,749 | $4.3B | $125.2M | $134.4M |
| 2023 | 11,423 | $3.9B | $120.2M | $135.1M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | Investment Advisor | $862,753 | — | $862,753 |
| ALIGHT FINANCIAL ADVISORS, LLC | Recordkeeper | $58,025 | — | $58,025 |
| THE VANGUARD GROUP, INC. | Investment Advisor | $27,352 | — | $27,352 |
| THE NORTHERN TRUST COMPANY | Custodian / Trustee | $24,105 | — | $24,105 |
| CBIZ CPAS P.C. | Auditor | $23,149 | — | $23,149 |
| WILLIS TOWERS WATSON US LLC | Actuary | $18,520 | — | $18,520 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — Investment Advisor
- ALIGHT FINANCIAL ADVISORS, LLC — Recordkeeper
- THE VANGUARD GROUP, INC. — Investment Advisor
- WILLIS TOWERS WATSON US LLC — Actuary
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,013,904
- Estimated Expense Ratio: 0.023% 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 | $884,058 | $862,753 | $17,400 | $23,149 | — |
| 2023 | $1,717,604 | $1,044,534 | $299,912 | $33,725 | — |