Plan Snapshot
- Plan Sponsor: Kriss Law LLC
- Sponsor EIN: 770639007
- Sponsor Address: 15 CRAWFORD STREET, NEEDHAM, MA, 02494
- Plan Type: 401(k)
- Total Participants: 95
- Total Assets: $8.5M
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 | 95 | $8.5M | $1,519 | $419,040 |
| 2023 | 55 | $5.5M | $21,264 | $273,519 |
| 2022 | 49 | $4.8M | $230,038 | $440,954 |
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 |
|---|---|---|---|---|
| NEWBURG & COMPANY | Independent 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 | — | — | — | — | — |
| 2023 | $30,178 | $1,735 | $27,063 | — | — |
| 2022 | $28,958 | — | $24,587 | — | $4,371 |