Plan Ledger DOL Form 5500 · updated monthly

K & E Excavating Incorporated401(k)

K & E EXCAVATING INCORPORATED 401(K) PLAN & TRUST · SALEM, OR · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

K & E Excavating Incorporated reported $139,018 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,939 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 0.631%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 323rd-largest of 1,021 plans among Oregon employers on file, and the 1,752nd of 5,337 in construction. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,708,102
Participants with balances220
Active participants291
Employer contributions$855,381
Employee contributions$1,715,423
Employer contribution per active participant$2,939
Average account balance$112,310
Benefits paid to participants$997,089
Plan auditUnmodified (clean) audit opinion
AuditorKUENZI & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$24.7M · 220 accts · $855K emplr
2023$19.4M · 215 accts · $788K emplr
2022$12.5M · 206 accts · $786K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,285
Investment management$101,733
Total administrative$139,018
The K & E Excavating Incorporated 401(k) match · 2024
Employer contribution per active participant$2,939
Median for plans this size$2,416
2024$2,939 per active participant
2023$2,826 per active participant
2022$2,829 per active participant

K & E Excavating Incorporated's 2024 employer contribution ran above 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.

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
SPECTRUM PENSION CONSULTANTS · Accounting / audit · Claims processing$37,285
SLOY, DAHL & HOLST, INC. · Investment advisory (participants) · Investment advisory (plan)$101,733

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

Recordkeeper by year2
2024SPECTRUM PENSION CONSULTANTS
2023SPECTRUM PENSION CONSULTANTS

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Administrative cost history3
2024$139,018 · 0.63%
2023$98,095 · 0.62%
2022$104,750 · 0.63%
Same employer
Similar plansConstruction · Oregon
R&H Construction Co. OR$32.3M · 0.35%
Pinnacle Exhibits, Inc. OR$30.5M · 0.24%
Hydro-Temp Mechanical, Inc. OR$26.0M · 0.31%
American Heating, Inc. OR$22.1M · 0.23%
Lcg Pence, LLC OR$20.3M · 0.59%
Hunter-Davisson, Inc. OR$19.5M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931242787 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.