Ikeyless, LLC401(k)
IKEYLESS, LLC 401(K) P/S PLAN · LOUISVILLE, KY · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Ikeyless, LLC reported $125,420 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,591 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 3 years on file its reported administrative ratio has held roughly steady near 1.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 392nd-largest of 871 plans among Kentucky employers on file, and the 2,062nd of 5,215 in retail trade. In 2024, employees put in $1.63 for every $1.00 the employer contributed.
Ikeyless, LLC's 2024 employer contribution ran below the $2,416 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 208804815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.