401k Record

Employers › Kip Prahl Associates

Kip Prahl Associates 401(k)

Administrative expenses excluding investment management, per participant · KPA Services, LLC 401(k) Plan · plan year 2024

$45.30

Higher than 24% of the 24,371 plans $10 to 50M that report it.

Source

= $24,325 / 537
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250919151141NAL0001123827001, received 2025-09-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250919151141NAL0001123827001, received 2025-09-19

10th: $15.36median $118.8890th: $340.63

Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-19.

Cost and contributions

Recordkeeping fees per participant

not reported

Not reported on this filing.

Administrative expenses per participant

$383.38

10th: $26.86median $197.2590th: $456.10

Higher than 83% of the 25,098 plans $10 to 50M that report it.

Source

= $205,874 / 537
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250919151141NAL0001123827001, received 2025-09-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250919151141NAL0001123827001, received 2025-09-19

Administrative expenses as a share of assets

0.546%

10th: 0.035%median 0.289%90th: 0.599%

Higher than 86% of the 25,132 plans $10 to 50M that report it.

Source

= $205,874 / $37,701,576
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250919151141NAL0001123827001, received 2025-09-19
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250919151141NAL0001123827001, received 2025-09-19

Employer contributions per participant

$3,159

10th: $664median $2,07490th: $4,751

Higher than 75% of the 24,050 plans $10 to 50M that report it.

Source

= $1,696,459 / 537
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250919151141NAL0001123827001, received 2025-09-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250919151141NAL0001123827001, received 2025-09-19

Employer share of total contributions

30.9%

10th: 13.1%median 27.9%90th: 45.2%

Higher than 61% of the 24,084 plans $10 to 50M that report it.

Source

= $1,696,459 / $5,495,445
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250919151141NAL0001123827001, received 2025-09-19
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250919151141NAL0001123827001, received 2025-09-19

Plan terms, as stated in Kip Prahl Associates LLC's SEC filings

Plan terms are not published in public filings.

Plan features

2S pre-approved plan document · 2E profit-sharing · 3D IRS pre-approved plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2F ERISA 404(c) plan · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250919151141NAL0001123827001, received 2025-09-19

Full record, KPA Services, LLC 401(k) Plan

FieldValueSource
Plan sponsorKPA SERVICES, LLCForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250919151141NAL0001123827001, received 2025-09-19
Plan nameKPA SERVICES, LLC 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250919151141NAL0001123827001, received 2025-09-19
Sponsor EIN / plan number20-1147668 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250919151141NAL0001123827001, received 2025-09-19
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250919151141NAL0001123827001, received 2025-09-19
Sponsor locationWESTMINSTER, COForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250919151141NAL0001123827001, received 2025-09-19
Industry (business code)541600, Professional, scientific, and technical servicesForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250919151141NAL0001123827001, received 2025-09-19
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250919151141NAL0001123827001, received 2025-09-19
Filing received2025-09-19Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250919151141NAL0001123827001, received 2025-09-19
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250919151141NAL0001123827001, received 2025-09-19
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250919151141NAL0001123827001, received 2025-09-19
Participants, beginning of year529Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250919151141NAL0001123827001, received 2025-09-19
Active participants397Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250919151141NAL0001123827001, received 2025-09-19
Participants, end of year548Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250919151141NAL0001123827001, received 2025-09-19
Participants with an account balance537Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250919151141NAL0001123827001, received 2025-09-19
Total assets, beginning of year$29,417,698Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250919151141NAL0001123827001, received 2025-09-19
Total assets, end of year$37,701,576Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250919151141NAL0001123827001, received 2025-09-19
Net assets, end of year$37,701,576Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250919151141NAL0001123827001, received 2025-09-19
Total income$9,167,582Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250919151141NAL0001123827001, received 2025-09-19
Net income$7,544,277Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250919151141NAL0001123827001, received 2025-09-19
Employer contributions$1,696,459Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250919151141NAL0001123827001, received 2025-09-19
Participant contributions$3,268,081Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250919151141NAL0001123827001, received 2025-09-19
Other contributions (incl. rollovers)$530,905Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250919151141NAL0001123827001, received 2025-09-19
Total contributions$5,495,445Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250919151141NAL0001123827001, received 2025-09-19
Benefit payments$1,417,431Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250919151141NAL0001123827001, received 2025-09-19
Total expenses (incl. benefit payments)$1,623,305Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250919151141NAL0001123827001, received 2025-09-19
Total administrative expenses$205,874Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250919151141NAL0001123827001, received 2025-09-19
Contract administrator fees$24,325Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250919151141NAL0001123827001, received 2025-09-19
Investment advisory and management fees$181,549Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250919151141NAL0001123827001, received 2025-09-19
Administrative expenses excluding investment management$24,325derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250919151141NAL0001123827001, received 2025-09-19
Held in mutual funds$37,047,146Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250919151141NAL0001123827001, received 2025-09-19
Independent auditorPLANTE MORANSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250919151141NAL0001123827001, received 2025-09-19

Position = column in the DOL layout for form year 2024. Filing 20250919151141NAL0001123827001, received 2025-09-19.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
CREATIVE PLANNING.NONE 27 Investment advisory (plan); 50 Direct payment from the plan $181,549no
NEWPORT GROUP, INC.recordkeeperNONE 99 Other fees; 37 Participant loan processing; 15 Recordkeeping and information management; 64 Recordkeeping fees; 50 Direct payment from the plan $24,325yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250919151141NAL0001123827001, received 2025-09-19.

What changed since the 2023 plan year

Figure20232024Change
Total assets$29,417,698$37,701,57628.2%
Participants with a balance47553713.1%
Administrative expenses$154,327$205,87433.4%
Recordkeeping fees per participantnot reportednot reported
Employer contributions$1,358,126$1,696,45924.9%

Prior filing 20241011145650NAL0022993809001, received 2024-10-11; the plan years are contiguous.

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Sponsor name as filed: KPA SERVICES, LLC; SEC registrant: Kip Prahl Associates LLC (CIK 1532624, matched by EIN).