Plan Snapshot
- Plan Sponsor: Krafton Americas, INC.
- Sponsor EIN: 822851294
- Sponsor Address: 2121 PARK PLACE SUITE 250, EL SEGUNDO, CA, 90245
- Plan Type: 401(k)
- Total Participants: 115
- Total Assets: $8.0M
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 | 115 | $8.0M | $694,969 | $1.3M |
| 2023 | 131 | $5.4M | $584,905 | $1.1M |
| 2022 | 101 | $2.9M | $486,041 | $871,783 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $19,157 | — | $19,157 |
| AMERIPRISE FINANCIAL SERVICES INC. | Investment Advisor | — | $18,200 | $18,200 |
| UNIGLOBAL PENSION PLANNING, INC. | Recordkeeper | $2,700 | $2,840 | $5,540 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERIPRISE FINANCIAL SERVICES INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,897
- Estimated Expense Ratio: 0.536% 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 | $21,858 | — | $21,858 | — | — |
| 2023 | $5,571 | — | $5,571 | — | — |
| 2022 | $7,368 | — | $7,368 | — | — |