Plan Snapshot
- Plan Sponsor: The Kenjya-Trusant Group, LLC
- Sponsor EIN: 550811374
- Sponsor Address: 10015 OLD COLUMBIA RD STE B215, COLUMBIA, MD, 210461865
- Plan Type: 401(k)
- Total Participants: 69
- Total Assets: $14.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 69 | $14.8M | $148,328 | $763,220 |
| 2023 | 69 | $16.0M | $38,260 | $614,130 |
| 2022 | 65 | $14.8M | $160,674 | $506,167 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $31,906 | — | $31,906 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Other Service Provider | $31,684 | $16 | $31,700 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,606
- Estimated Expense Ratio: 0.430% 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 | $63,590 | $15,842 | $31,906 | — | — |
| 2023 | $59,967 | $15,303 | $29,358 | — | — |
| 2022 | $77,429 | $16,194 | $30,845 | — | $30,390 |