Plan Snapshot
- Plan Sponsor: Koch Foods, INC.
- Sponsor EIN: 362924281
- Sponsor Address: 1300 W.HIGGINS ROAD, PARK RIDGE, IL, 60068
- Plan Type: 401(k)
- Total Participants: 7,046
- Total Assets: $101.5M
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 | 7,046 | $101.5M | $4.6M | $8.0M |
| 2023 | 6,692 | $84.4M | $4.1M | $7.4M |
| 2022 | 6,378 | $66.7M | $3.9M | $6.6M |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $230,191 | — | $230,191 |
| FGMK LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FGMK LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $230,191
- Estimated Expense Ratio: 0.227% 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 | $230,191 | — | $230,191 | — | — |
| 2023 | $206,199 | — | $206,199 | — | — |
| 2022 | $186,724 | — | $186,724 | — | — |