Plan Ledger DOL Form 5500 · updated monthly

K-Va-T-Food Stores, Inc.401(k)

K-VA-T 401(K) PLAN · ABINGDON, VA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

K-Va-T-Food Stores, Inc. reported $319,259 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $352 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 2 years on file its reported administrative ratio rose from 0.16% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 164th-largest of 2,266 plans among Virginia employers on file, and the 224th of 5,215 in retail trade. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$191,286,476
Participants with balances4,498
Active participants14,576
Employer contributions$5,135,956
Employee contributions$9,707,332
Employer contribution per active participant$352
Average account balance$42,527
Benefits paid to participants$15,100,196
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$191.3M · 4,498 accts · $5.1M emplr
2023$167.9M · 4,397 accts · $4.8M emplr
2022$142.3M · 4,227 accts · $4.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$269,841
Investment management$49,418
Total administrative$319,259
The K-Va-T-Food Stores, Inc. 401(k) match · 2024
Employer contribution per active participant$352
Median for plans this size$3,635
2024$352 per active participant
2023$361 per active participant
2022$340 per active participant

K-Va-T-Food Stores, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$316,257
CAPFINANCIAL PARTNERS · Investment advisory (plan)$49,418

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

Administrative cost history3
2024$319,259 · 0.18%
2023$288,581 · 0.19%
2022$252,117 · 0.16%
All plans at this employer2
K-VA-T EMPLOYEES PROFIT SHARING AND STOCK OWNERSHIP PLANESOP
K-VA-T 401(K) PLAN401(k)
Same employer
Similar plansRetail Trade · Virginia
Carmax, Inc. VA$1.8B · 0.06%
Dollar Tree, Inc. VA$979.1M · 0.15%
Sheehy Auto Stores, Inc. VA$130.6M · 0.33%
Lidl US, LLC VA$120.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550421484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.