Plan Snapshot
- Plan Sponsor: Korean Community Services INC.
- Sponsor EIN: 475175147
- Sponsor Address: 451 W. LINCOLN AVE. SUITE 100, ANAHEIM, CA, 92805
- Plan Type: 401(k)
- Total Participants: 169
- Total Assets: $2.7M
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. |
|---|---|---|---|---|
| 2023 | 169 | $2.7M | $299,357 | $576,324 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $32,618 | — | $32,618 |
| GNH ASSET MANAGEMENT, INC | INVESTMENT/FINANCIAL ADVI | $13,076 | — | $13,076 |
| TEAM ELEVATED ASSET MANAGEMENT, LLC | INVESTMENT/FINANCIAL ADVI | $11,738 | — | $11,738 |
| CKP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,432
- Estimated Expense Ratio: 2.104% 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 |
|---|---|---|---|---|---|
| 2023 | $28,717 | $26,707 | — | — | — |