Plan Ledger DOL Form 5500 · updated monthly

K & K Management Services, Inc.401(k)

K & K MANAGEMENT SERVICES, INC. 401(K) PLAN · SIOUX FALLS, SD · plan year 2022

Reported admin expense ratio · 2022
0.33%

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

K & K Management Services, Inc. reported $20,895 in plan administrative expenses for 2022: 0.33% of average plan assets, below the peer median. Employer contributions averaged $544 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in South Dakota (187th of 233), and the 883rd of 2,240 in accommodation & food services. In 2022, employees put in $2.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,056,402
Participants with balances64
Active participants142
Employer contributions$77,219
Employee contributions$222,442
Employer contribution per active participant$544
Average account balance$79,006
Benefits paid to participants$1,564,530
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$20,895
Total administrative$20,895
The K & K Management Services, Inc. 401(k) match · 2022
Employer contribution per active participant$544
Median for plans this size$1,114

K & K Management Services, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$20,895 · 0.33%
Similar plansAccommodation & Food Services · South Dakota
The Koehler Organization SD$8.5M · 0.32%
Liv Employee Benefits SD$5.3M · 1.27%
Lunchtime Solutions, Inc. SD$4.1M · 0.71%
Taco John's of Iowa, Inc. SD$3.5M · 0.69%
Heroes, Inc. SD$2.6M · 0.21%
Kaj Hospitality SD$971K · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450324291 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.