Plan Snapshot
- Plan Sponsor: Kra Corporation
- Sponsor EIN: 521230252
- Sponsor Address: 5950 SYMPHONY WOODS RD STE 211, COULMBIA, MD, 21044
- Plan Type: 401(k)
- Total Participants: 80
- Total Assets: $4.6M
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 | 80 | $4.6M | $14,667 | $331,117 |
| 2023 | 167 | $4.5M | $109,551 | $344,692 |
| 2022 | 121 | $4.0M | $165,641 | $398,509 |
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 |
|---|---|---|---|---|
| DEMBO JONES | 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 | $64,223 | $7,301 | — | — | — |
| 2023 | $60,397 | $6,662 | — | — | — |
| 2022 | $61,247 | $7,615 | $53,632 | — | — |