Plan Snapshot
- Plan Sponsor: Kosse Partners I, LLC
- Sponsor EIN: 371692658
- Sponsor Address: 2100 10TH STREET, PLANO, TX, 75074
- Plan Type: 401(k)
- Total Participants: 197
- Total Assets: $14.3M
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 | 197 | $14.3M | $515,856 | $1.1M |
| 2023 | 188 | $12.2M | $496,065 | $1.1M |
| 2022 | 239 | $11.7M | $474,168 | $1.3M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE COMPANY | Recordkeeper | $45,697 | — | $45,697 |
| MERRILL LYNCH | Investment Advisor | $39,420 | — | $39,420 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — Recordkeeper
- MERRILL LYNCH — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,117
- Estimated Expense Ratio: 0.597% 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 | $86,097 | $39,420 | $39,877 | — | — |
| 2023 | $83,386 | $34,648 | $40,268 | — | — |
| 2022 | $85,885 | $35,315 | $50,570 | — | — |