Plan Snapshot
- Plan Sponsor: Kofile, INC.
- Sponsor EIN: 262800018
- Sponsor Address: 6300 CEDAR SPRINGS RD, DALLAS, TX, 75235
- Plan Type: 401(k)
- Total Participants: 649
- Total Assets: $14.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 649 | $14.3M | $230,181 | $1.8M |
| 2023 | 728 | $12.4M | $123,053 | $1.5M |
| 2022 | 686 | $13.0M | $172,748 | $2.1M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $89,427 | $31 | $89,458 |
| WELLTH ADVISORY SERVICES, LLC | SERVICE PROVIDER | — | $26,812 | $26,812 |
| GLOBAL RETIREMENT PARTNERS LLC | SERVICE PROVIDER | — | $25,092 | $25,092 |
| WEAVER AND TIDWELL, L.L.P. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — SERVICE PROVIDER
- WEAVER AND TIDWELL, L.L.P. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $141,362
- Estimated Expense Ratio: 0.989% 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 | $89,427 | — | $82,171 | — | — |
| 2023 | $76,914 | — | $76,414 | — | — |
| 2022 | $77,711 | — | — | — | — |