Plan Snapshot
- Plan Sponsor: Krg Management, LLC
- Sponsor EIN: 201453934
- Sponsor Address: 30 SOUTH MERIDIAN STREET, INDIANAPOLIS, IN, 46204
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 351
- Total Assets: $52.7M
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. |
|---|---|---|---|---|
| 2025 | 351 | $52.7M | $0 | $0 |
| 2024 | 225 | $45.7M | $1.3M | $2.6M |
| 2023 | 230 | $39.8M | $1.2M | $2.5M |
| 2022 | 233 | $34.6M | $1.2M | $2.4M |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | Recordkeeper | $62,580 | — | $62,580 |
| PNC INSTITUTIONAL ASSET MANAGEMENT | Investment Advisor | $44,955 | — | $44,955 |
| STIFEL NICOLAUS & CO INC. | Investment Advisor | $16,972 | — | $16,972 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $124,507
- Estimated Expense Ratio: 0.236% 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 |
|---|---|---|---|---|---|
| 2025 | $5,264,152 | $45,447 | $64,658 | — | — |
| 2024 | $169,433 | $114,663 | $38,677 | — | — |
| 2023 | $161,789 | $104,761 | $41,209 | — | — |
| 2022 | $186,103 | $114,030 | $66,863 | — | $5,210 |