Plan Ledger DOL Form 5500 · updated monthly

K-Market, Inc.401(k)

K-MARKET, INC. 401(K) PROFIT SHARING PLAN AND TRUST · SPRING CREEK, NV · plan year 2022

Reported admin expense ratio · 2022
1.19%

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

K-Market, Inc. reported $20,074 in plan administrative expenses for 2022: 1.19% of average plan assets, higher than ~90% of peers. Employer contributions averaged $267 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 retail trade employers. By assets it is among the smaller plans on file in Nevada (366th of 437), and 4,829th of 5,215 in retail trade. In 2022, employees put in $2.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,436,317
Participants with balances54
Active participants106
Employer contributions$28,350
Employee contributions$71,947
Employer contribution per active participant$267
Average account balance$26,598
Benefits paid to participants$92,462
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,150
Investment management$13,924
Total administrative$20,074
The K-Market, Inc. 401(k) match · 2022
Employer contribution per active participant$267
Median for plans this size$1,114

K-Market, 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$20,074 · 1.19%
Similar plansRetail Trade · Nevada
Cret LLC NV$3.3M
Peter Lik USA, Inc. NV$1.7M · 0.94%
Feature LLC NV$1.2M · 1.66%
Forman Automotive Inc NV$318K · 2.48%
Vsr Industries, Inc. NV$272K · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880256705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.