Plan Ledger DOL Form 5500 · updated monthly

K. T. Fabrication, Inc.Profit-sharing plan

K. T. FABRICATION, INC. PROFIT SHARING PLAN · MESA, AZ · plan year 2022

Reported admin expense ratio · 2022
1.72%

K. T. Fabrication, Inc. reported $30,597 in plan administrative expenses for 2022: 1.72% of average plan assets, higher than ~90% of peers. 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 construction employers. By assets it is among the smaller plans on file in Arizona (1,081st of 1,285), and 4,893rd of 5,337 in construction.

Plan summary
Net assets, end of year$1,780,199
Participants with balances79
Active participants78
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$22,534
Benefits paid to participants$121,802
Plan auditUnmodified (clean) audit opinion
AuditorWALLACE, PLESE + DREHER, L.L.P
Administrative expenses, itemized · 2022
Investment management$30,537
Professional / advisory$60
Total administrative$30,597
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$30,597 · 1.72%
Same employer
Similar plansConstruction · Arizona
K2 Electric, LLC AZ$2.1M · 0.82%
Skyline Steel, Inc. AZ$2.1M · 1.10%
Little Enterprises, Inc AZ$1.5M · 1.26%
Haxton Masonry, Inc. AZ$1.4M · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860697267 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.