Department of Labor filing

K2 INSURANCE SERVICES, LLC

K2 INSURANCE SERVICES, LLC 401(K) RETIREMENT PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 15, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

47filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$3,389

Reported employer contributions per active participant.

Higher than about 47% of comparable plans

#People in the filing

588

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$115 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 46% of comparable plans

↗Investment performance

Not available

Plan assets changed 62.6%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202447out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions47th percentileTypical peer $3,548 · based on 226 comparable plans

Lower reported administrative expense46th percentileTypical peer $100 · based on 223 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, K2 INSURANCE SERVICES, LLC reported $1,992,845 in employer contributions across the plan and 588 active participants. That works out to $3,389 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy91%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 10.1%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 44.8%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context47/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $1,992,845
Participant contributions: $4,178,366
Other contributions: $1,242,832
Employer share of reported contributions: 32.3%
Beginning assets: $26,345,384
Ending assets: $42,843,932
Ending net assets: $42,843,932
Ending liabilities: $0
Total income: $12,108,390
Total expenses: $2,888,414
Administrative expenses: $62,576
Participant loans: $413,145

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$3,768

2023

$3,388

2024

$3,389

Plan-paid administrative expenses per participant

2022

$79

2023

$61

2024

$115

Active participants

2022

353

2023

500

2024

588

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$3,389	588	42.8M	20251015094857NAL0008591650001
2023	$3,388	500	26.3M	20241014104443NAL0045664176001
2022	$3,768	353	18.4M	20230914072005NAL0022789745001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.0%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 371643563-003

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2008
Industry: Finance and insurance
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2T3D3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
FIDELITY INVESTMENTS INSTITUTIONAL	2024	Not reported	unknown
VOYA RETIREMENT INSURANCE AND ANNUI	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251015094857NAL0008591650001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗