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KPG CORP. offers a self-directed brokerage account as an investment option. This account allows participants or employees to allocate part or all of their retirement plan account to a self-directed brokerage account. As of the end of 2022, KPG CORP. had a total retirement plan asset value of $15,240,520, with 485 participants and an average participant retirement account value of $31,423. The average employee contribution amount per participant was approximately $2,950, and the employer match was around $1,285, resulting in an employer match rate of 42.76%. The investment and administrative expense ratio for KPG CORP. was 0.64%.
To open a brokerage account with KPG CORP., follow these steps:
Select a Brokerage Firm: Research and choose a brokerage firm that meets your investment needs and preferences. Consider factors such as fees, investment options, and platform usability.
Provide Personal Information: You will need to provide your personal details, including:
Choose Account Type: Decide whether you want to open a cash account or a margin account. A cash account requires you to pay the full amount for securities purchased, while a margin account allows you to borrow funds from the brokerage.
Fund Your Account: After your account is opened, you will need to fund it. This can typically be done through an electronic transfer from your bank account or by mailing a check.
Complete the Registration: Follow any additional instructions provided by the brokerage firm to complete your registration.
Start Trading: Once your account is funded, you can begin trading and managing your investments through the brokerage platform.
Explore broker markets account types: forex/trading accounts with demo access.