King Risk Partners 401(k) match, vesting and fees
What King Risk Partners' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | John Hancock Life Insurance Company | Schedule C ↗ |
| Independent auditor | Keiter Cpa (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| King Risk Partners: employer contribution per participant | $2,540 | |
| Peer median | $2,868 |
| King Risk Partners: average balance | $32,920 | |
| Peer median | $95,281 |
| King Risk Partners: admin expenses ÷ assets | 1.11% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $590K at the end of plan year 2022 to $6.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 308 | $6.9M | $533K | $2,540 | 1.11% | Not published | Form 5500 ↗ |
| 2023 | 194 | $4.4M | $423K | $3,201 | 1.34% | Not published | 5500-SF ↗ |
| 2022 | 80 | $590K | $103K | $1,739 | 1.07% | Not published | 5500-SF ↗ |
Common questions
Does King Risk Partners match 401(k) contributions?
The match terms for the King Insurance 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $533K in employer contributions, about $2,540 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the King Risk Partners 401(k) match vested?
The vesting schedule for the King Insurance 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the King Risk Partners 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Life Insurance Company. The plan administrator is King Risk Partners, LLC.
I left King Risk Partners. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (King Risk Partners, LLC, (352) 363-2340) or the recordkeeper, John Hancock Life Insurance Company. The King Risk Partners old 401(k) page lists the contacts from every plan filing. Find an old King Risk Partners 401(k)
Data from the public Form 5500 annual reports King Risk Partners filed with the U.S. Department of Labor (plan years 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with King Risk Partners. Not financial advice. Report a correction · Methodology