Plan Snapshot
- Plan Sponsor: Lee Kennedy Co, INC.
- Sponsor EIN: 042635562
- Sponsor Address: 122 QUINCY SHORE DRIVE, QUINCY, MA, 02171
- Plan Type: 401(k)
- Total Participants: 108
- Total Assets: $29.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 108 | $29.0M | $222,862 | $1.4M |
| 2023 | 110 | $26.7M | $348,287 | $1.5M |
| 2022 | 126 | $23.4M | $588,917 | $1.4M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $123,295 | — | $123,295 |
| SBHU/MORGAN STANLEY SMITH BARNEY LL | Investment Advisor | — | $71,535 | $71,535 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
- SBHU/MORGAN STANLEY SMITH BARNEY LL — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $194,830
- Estimated Expense Ratio: 0.673% 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 | $123,295 | — | — | — | — |
| 2023 | $111,080 | — | — | — | — |
| 2022 | $105,826 | — | — | — | — |