# Komline-Sanderson 401(k) Plan
Source: https://planprovider.pro/companies/komline-sanderson-401k-plan

> Komline-Sanderson&#39;s 401(k) plan: 444 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Komline-Sanderson

- **Sponsor EIN:** 221442955

- **Sponsor Address:** 12 HOLLAND AVENUE P.O. BOX 257, PEAPACK, NJ, 07977

- **Plan Type:** 401(k)

- **Total Participants:** 444

- **Total Assets:** $44.0M

## 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|444|$44.0M|$775,683|$2.7M|

| 2023|380|$45.1M|$947,704|$2.4M|

| 2022|384|$39.4M|$609,765|$2.2M|

## 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 COMPANY O|RECORDKEEPER|$74,182|—|$74,182|

| BROWN ADVISORY MANAGEMENT LLC DBA B|INVESTMENT ADVISOR|$50,000|—|$50,000|

| CLIFTONLARSONALLEN LLP|AUDITOR|$18,900|—|$18,900|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [CLIFTONLARSONALLEN LLP](https://planprovider.pro/provider/cliftonlarsonallen-llp) — AUDITOR

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $143,082

- **Estimated Expense Ratio:** 0.326% 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|$173,872|$50,236|$17,714|$18,900|—|

| 2023|$145,088|$50,000|$74,725|$17,850|—|

| 2022|$47,523|$12,500|$19,936|—|$14,237|

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