Plan Snapshot
- Plan Sponsor: Masonic Homes Of Kentucky, INC.
- Sponsor EIN: 610458374
- Sponsor Address: 330 MASONIC HOME DRIVE, MASONIC HOME, KY, 40041
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 649
- Total Assets: $10.6M
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. |
|---|---|---|---|---|
| 2023 | 649 | $10.6M | $398,414 | $796,119 |
| 2022 | 2,003 | $9.6M | $368,524 | $729,625 |
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 |
|---|---|---|---|---|
| AMERIPRISE FINANCIAL SERVICES LLC | Investment Advisor | — | $22,833 | $22,833 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $6,802 | — | $6,802 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERIPRISE FINANCIAL SERVICES LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,635
- Estimated Expense Ratio: 0.279% 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 |
|---|---|---|---|---|---|
| 2023 | $6,809 | $7 | — | — | — |
| 2022 | $17,915 | $6,588 | $11,327 | — | — |