Plan Snapshot
- Plan Sponsor: The Kenific Group INC.
- Sponsor EIN: 453056454
- Sponsor Address: 43681 SUMMERWOOD CIR, ASHBURN, VA, 20147
- Plan Type: 401(k)
- Total Participants: 951
- Total Assets: $9.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 951 | $9.3M | $941,803 | $1.5M |
| 2023 | 159 | $5.9M | $601,090 | $911,652 |
| 2022 | 75 | $3.4M | $222,601 | $639,747 |
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 |
|---|---|---|---|---|
| APRIO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- APRIO LLP — Auditor
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 | $78,393 | $26,600 | $36,114 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |