Plan Snapshot
- Plan Sponsor: Kratos Defense & Security Solutions, INC
- Sponsor EIN: 133818604
- Sponsor Address: 10680 TREENA STREET, SAN DIEGO, CA, 92131
- Plan Type: 401(k)
- Total Participants: 3,297
- Total Assets: $534.3M
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 | 3,297 | $534.3M | $11.8M | $25.8M |
| 2023 | 3,212 | $459.0M | $10.4M | $23.3M |
| 2022 | 3,029 | $355.7M | $7.2M | $15.6M |
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 |
|---|---|---|---|---|
| JGD & ASSOCIATES LLP | Auditor | $29,000 | — | $29,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JGD & ASSOCIATES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,000
- Estimated Expense Ratio: 0.005% 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 | $250,938 | $121,394 | — | $29,000 | — |
| 2023 | $234,301 | $96,374 | — | $25,000 | — |
| 2022 | $362,194 | $90,000 | $193,627 | — | $23,000 |