Plan Ledger DOL Form 5500 · updated monthly

K. West Group, LLC401(k)

KWEST GROUP, LLC 401(K) PLAN · PERRYSBURG, OH · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

K. West Group, LLC reported $88,430 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $3,353 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 fell from 0.49% to 0.43%. 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 1,255th-largest of 3,295 plans among Ohio employers on file, and the 1,919th of 5,337 in construction. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 241 to 289 since 2022.

Plan summary
Net assets, end of year$21,522,996
Participants with balances376
Active participants289
Employer contributions$968,886
Employee contributions$2,112,824
Employer contribution per active participant$3,353
Average account balance$57,242
Benefits paid to participants$3,239,016
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.5M · 376 accts · $969K emplr
2023$19.2M · 351 accts · $911K emplr
2022$15.6M · 282 accts · $732K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,618
Investment management$36,812
Total administrative$88,430
The K. West Group, LLC 401(k) match · 2024
Employer contribution per active participant$3,353
Median for plans this size$2,416
2024$3,353 per active participant
2023$3,277 per active participant
2022$3,038 per active participant

K. West Group, LLC'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 · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$51,601
VENTURE VISIONARY PARTNERS LLC · Investment advisory (plan)$36,782
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$88,430 · 0.43%
2023$80,131 · 0.46%
2022$79,805 · 0.49%
Similar plansConstruction · Ohio
Elford, Inc. OH$22.3M · 0.03%
Roth Bros., Inc. OH$22.0M · 0.45%
McNational, Inc. OH$21.8M · 0.13%
Wmog, Inc. OH$19.4M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 300016317 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.