Plan Ledger DOL Form 5500 · updated monthly

Art Is Love, LLC dba Kalisher401(k)

KALISHER 401(K) RETIREMENT PLAN · DURHAM, NC · plan year 2024

Reported admin expense ratio · 2024
0.60%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Art Is Love, LLC dba Kalisher reported $31,997 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $2,203 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.56% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in North Carolina (1,382nd of 2,005), and 3,532nd of 5,215 in retail trade. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has shrunk from 128 to 98 since 2022.

Plan summary
Net assets, end of year$5,848,453
Participants with balances110
Active participants98
Employer contributions$215,860
Employee contributions$438,207
Employer contribution per active participant$2,203
Average account balance$53,168
Benefits paid to participants$386,188
Plan auditUnmodified (clean) audit opinion
AuditorTHOMAS, JUDY & TUCKER
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 110 accts · $216K emplr
2023$4.9M · 119 accts · $209K emplr
2022$3.2M · 120 accts · $131K emplr
Administrative expenses, itemized · 2024
Investment management$31,997
Total administrative$31,997
The Art Is Love, LLC dba Kalisher 401(k) match · 2024
Employer contribution per active participant$2,203
Median for plans this size$1,313
2024$2,203 per active participant
2023$1,655 per active participant
2022$1,025 per active participant

Art Is Love, LLC dba Kalisher's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
MMA SECURITIES LLC · Investment advisory (plan)$26,938

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$31,997 · 0.60%
2023$43,060 · 1.07%
2022$15,443 · 0.56%
Same employer
Similar plansRetail Trade · North Carolina
Pmg Carolinas, LLC NC$6.6M · 0.66%
Foss Auto Recycling, Inc. NC$6.2M · 0.80%
Hunter Corporation NC$5.8M · 0.95%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 823446101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.