Plan Snapshot
- Plan Sponsor: Kumar & Associates, INC.
- Sponsor EIN: 841119130
- Sponsor Address: 2390 S. LIPAN STREET, DENVER, CO, 80223
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 114
- Total Assets: $10.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 114 | $10.5M | $25,000 | $0 |
| 2023 | 132 | $9.2M | $0 | $0 |
| 2022 | 121 | $9.0M | $0 | $0 |
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 |
|---|---|---|---|---|
| PLANTE & MORAN, PLLC | Other Service Provider | $19,500 | — | $19,500 |
| TRANSITION FINANCE STRATEGIES, LLC | Other Service Provider | $18,875 | — | $18,875 |
| ESOP LAW GROUP | ERISA Attorney | $13,010 | — | $13,010 |
| ABBOTT,STRINGHAM & LYNCH | Auditor | $6,880 | — | $6,880 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ESOP LAW GROUP — ERISA Attorney
- ABBOTT,STRINGHAM & LYNCH — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,265
- Estimated Expense Ratio: 0.555% 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 | $62,423 | — | — | — | — |
| 2023 | $48,264 | — | — | — | — |
| 2022 | $31,655 | — | — | — | $31,655 |