# Korber Technologies, INC 401(k) Plan
Source: https://planprovider.pro/companies/korber-technologies-inc-401k-plan

> Korber Technologies, INC's 401(k) plan: 149 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Korber Technologies, INC

- **Sponsor EIN:** 541733108

- **Sponsor Address:** 2800 CHARLES CITY RD, RICHMOND, VA, 23231

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

- **Total Participants:** 149

- **Total Assets:** $24.0M

## 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|149|$24.0M|$559,272|$938,491|

| 2023|141|$23.2M|$467,082|$896,898|

| 2022|136|$20.0M|$228,955|$361,517|

## 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|

| HARRIS, HARDY & JOHNSTONE|Auditor|—|—|$0|

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $0

### 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|$73,216|$60,925|—|—|—|

| 2023|$63,375|$47,985|—|—|—|

| 2022|$21,590|—|$21,590|—|—|

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