X0101 EFFECT 33 LIVE 2013-10-31 13:00:00

N-1A

0001573386 KP Funds 333-188279 S000041501 KP LARGE CAP EQUITY FUND C000128993 INSTITUTIONAL SHARES S000041502 KP RETIREMENT PATH 2040 FUND C000128994 INSTITUTIONAL SHARES S000041503 KP RETIREMENT PATH 2045 FUND C000128995 INSTITUTIONAL SHARES S000041504 KP RETIREMENT PATH 2050 FUND C000128996 INSTITUTIONAL SHARES S000041505 KP RETIREMENT PATH 2055 FUND C000128997 INSTITUTIONAL SHARES S000041506 KP RETIREMENT PATH 2060 FUND C000128998 INSTITUTIONAL SHARES S000041507 KP SMALL CAP EQUITY FUND C000128999 INSTITUTIONAL SHARES S000041508 KP INTERNATIONAL EQUITY FUND C000129000 INSTITUTIONAL SHARES S000041509 KP FIXED INCOME FUND C000129001 INSTITUTIONAL SHARES S000041510 KP RETIREMENT PATH 2015 FUND C000129002 INSTITUTIONAL SHARES S000041511 KP RETIREMENT PATH 2020 FUND C000129003 INSTITUTIONAL SHARES S000041512 KP RETIREMENT PATH 2025 FUND C000129004 INSTITUTIONAL SHARES S000041513 KP RETIREMENT PATH 2030 FUND C000129005 INSTITUTIONAL SHARES S000041514 KP RETIREMENT PATH 2035 FUND C000129006 INSTITUTIONAL SHARES