Plan Snapshot
- Plan Sponsor: Perr & Knight, INC.
- Sponsor EIN: 954511033
- Sponsor Address: 401 WILSHIRE BLVD SUITE 300, SANTA MONICA, CA, 90401
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 203
- Total Assets: $44.7M
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. |
|---|---|---|---|---|
| 2025 | 203 | $44.7M | $0 | $0 |
| 2024 | 149 | $37.0M | $632,986 | $2.0M |
| 2023 | 144 | $31.5M | $591,401 | $1.8M |
| 2022 | 136 | $24.7M | $482,740 | $1.6M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY | Investment Advisor | $117,427 | — | $117,427 |
| ACTUARIAL BENEFITS CORP | Recordkeeper | $25,566 | — | $25,566 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $16,331 | — | $16,331 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $159,324
- Estimated Expense Ratio: 0.357% 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 | $2,448,818 | $1,641 | $142,993 | — | — |
| 2024 | $157,921 | $554 | — | $10,800 | — |
| 2023 | $108,782 | — | $108,782 | — | — |
| 2022 | $86,269 | — | $75,949 | — | — |