Plan Ledger DOL Form 5500 · updated monthly

Childress Klein Properties, Inc.401(k)

CHILDRESS KLEIN PROPERTIES, INC. 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Childress Klein Properties, Inc. reported $4,357 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,977 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 0.007% to 0.008%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 336th-largest of 2,005 plans among North Carolina employers on file, and the 944th of 5,337 in construction. In 2024, employees put in $2.54 for every $1.00 the employer contributed; active participation has shrunk from 207 to 133 since 2022.

Plan summary
Net assets, end of year$57,735,762
Participants with balances262
Active participants133
Employer contributions$528,930
Employee contributions$1,345,452
Employer contribution per active participant$3,977
Average account balance$220,366
Benefits paid to participants$10,352,531
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.7M · 262 accts · $529K emplr
2023$57.6M · 273 accts · $451K emplr
2022$54.2M · 326 accts · $664K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,357
Total administrative$4,357
The Childress Klein Properties, Inc. 401(k) match · 2024
Employer contribution per active participant$3,977
Median for plans this size$3,635
2024$3,977 per active participant
2023$3,580 per active participant
2022$3,206 per active participant

Childress Klein Properties, Inc.'s 2024 employer contribution ran above the $3,635 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
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$4,487

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,357 · 0.01%
2023$5,544 · 0.01%
2022$4,056 · 0.01%
Same employer
Similar plansConstruction · North Carolina
S.T. Wooten Corporation NC$74.4M · 0.33%
Jf Acquistion, LLC NC$67.5M · 0.61%
Baker Roofing Company, LLC NC$57.3M · 0.80%
M.B. Haynes Corporation NC$50.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561621667 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.