Plan Snapshot
- Plan Sponsor: Koorsen Fire & Security, INC.
- Sponsor EIN: 351153549
- Sponsor Address: 2719 N. ARLINGTON AVE., INDIANAPOLIS, IN, 46218
- Plan Type: 401(k)
- Total Participants: 1,419
- Total Assets: $52.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,419 | $52.8M | $2.7M | $4.7M |
| 2023 | 1,337 | $42.5M | $2.1M | $3.9M |
| 2022 | 1,143 | $33.6M | $1.4M | $3.3M |
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 |
|---|---|---|---|---|
| NATIONWIDE | RECORDKEEPER | $90,204 | — | $90,204 |
| AMERICAN PENSION ADVISORS, LTD. | THIRD PARTY ADMINISTRATO | $49,663 | — | $49,663 |
| DONOVAN PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $139,867
- Estimated Expense Ratio: 0.265% 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 | $52,346 | — | — | — | — |
| 2023 | $38,317 | — | — | — | — |
| 2022 | $32,453 | — | — | — | — |