Plan Snapshot
- Plan Sponsor: The Kolter Group LLC
- Sponsor EIN: 271556391
- Sponsor Address: 105 NE 1ST ST, DELRAY BEACH, FL, 33444
- Plan Type: 401(k)
- Total Participants: 628
- Total Assets: $57.1M
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 | 628 | $57.1M | $2.6M | $6.1M |
| 2023 | 558 | $46.6M | $2.3M | $5.2M |
| 2022 | 553 | $35.2M | $1.9M | $4.4M |
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 |
|---|---|---|---|---|
| LPL FINANCIAL LLC | ADVISOR | $76,160 | — | $76,160 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $49,543 | — | $49,543 |
| DEFINITI LLC | OTHER SERVICES | $8,513 | — | $8,513 |
| HOLYFIELD & THOMAS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL LLC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- HOLYFIELD & THOMAS, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $134,216
- Estimated Expense Ratio: 0.235% 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 | $134,216 | $76,160 | — | — | — |
| 2023 | $135,402 | $70,203 | — | — | — |
| 2022 | $126,628 | — | — | — | — |