Plan Snapshot
- Plan Sponsor: The King'S Academy
- Sponsor EIN: 770287771
- Sponsor Address: 562 NORTH BRITTON AVE, SUNNYVALE, CA, 94085
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 264
- Total Assets: $17.3M
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 | 264 | $17.3M | $652,551 | $1.1M |
| 2023 | 146 | $16.2M | $637,506 | $991,677 |
| 2022 | 124 | $13.5M | $567,753 | $921,805 |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Recordkeeper | $51,872 | $3,797 | $55,669 |
| CHARLES SCHWAB BANK | Recordkeeper | — | $5,526 | $5,526 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — Recordkeeper
- CHARLES SCHWAB BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,195
- Estimated Expense Ratio: 0.353% 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 | $51,874 | — | $51,874 | — | — |
| 2023 | $45,521 | — | $45,521 | — | — |
| 2022 | $40,453 | — | $40,453 | — | — |