Plan Snapshot
- Plan Sponsor: Wichita Kenworth, INC.
- Sponsor EIN: 480778005
- Sponsor Address: 5115 N. BROADWAY STREET, PARK CITY, KS, 67219
- Plan Type: 401(k)
- Total Participants: 246
- Total Assets: $8.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 246 | $8.1M | $333,388 | $818,144 |
| 2023 | 232 | $6.9M | $298,616 | $730,340 |
| 2022 | 219 | $5.7M | $197,249 | $467,869 |
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 |
|---|---|---|---|---|
| ALLEN, GIBBS & HOULIK, L.C. | Auditor | — | — | $0 |
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 | $44,569 | $17,595 | $3,619 | — | — |
| 2023 | $39,912 | $24,279 | $3,439 | — | — |
| 2022 | $25,114 | $17,501 | $7,613 | — | — |