# The Knot Worldwide 401(k) Plan
Source: https://planprovider.pro/companies/the-knot-worldwide-401k-plan

> The Knot Worldwide&#39;s 401(k) plan: 823 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Knot Worldwide

- **Sponsor EIN:** 743207805

- **Sponsor Address:** 2 WISCONSIN CIRCLE #3, CHEVY CHASE, MD, 208157003

- **Plan Type:** 401(k)

- **Total Participants:** 823

- **Total Assets:** $86.3M

## 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.|

| 2024|823|$86.3M|$1.1M|$9.8M|

| 2023|945|$76.2M|$1.1M|$9.6M|

| 2022|983|$57.5M|$1.0M|$8.3M|

## 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|CONTRACT ADMINISTRATOR|$173,806|—|$173,806|

| KESTRA ADVISORY SERVICES, LLC|INVESTMENT ADVISORY|—|$40,000|$40,000|

| CITRIN COOPERMAN AND COMPANY LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [KESTRA ADVISORY SERVICES, LLC](https://planprovider.pro/provider/sentinel-group) — INVESTMENT ADVISORY

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $213,806

- **Estimated Expense Ratio:** 0.248% 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|$173,806|—|$173,806|—|—|

| 2023|$149,240|—|$149,240|—|—|

| 2022|$158,876|—|$158,876|—|—|

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