Plan Ledger DOL Form 5500 · updated monthly

K2 Human Capital Solutions, Inc.401(k)

K2 PARTNERING SOLUTIONS 401(K) PLAN · PROVIDENCE, RI · plan year 2024

Reported admin expense ratio · 2024
0.54%

K2 Human Capital Solutions, Inc. reported $42,990 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. 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 1.10% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Rhode Island (181st of 286), and 8,403rd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$8,725,435
Participants with balances266
Active participants131
Employer contributions—
Employee contributions$1,202,604
Employer contribution per active participant—
Average account balance$32,802
Benefits paid to participants$1,354,024
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 266 accts
2023$7.3M · 266 accts
2022$5.5M · 281 accts
Administrative expenses, itemized · 2024
Investment management$42,990
Total administrative$42,990
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
ADP INC. · Loan processing · Recordkeeping$8,369
HILB GROUP$34,621
GLOBAL RETIREMENT PARTNERS, LLC$10,000

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$42,990 · 0.54%
2023$44,360 · 0.70%
2022$64,184 · 1.10%
Similar plansProfessional & Technical Services · Rhode Island
Mikel, Inc. RI$19.1M · 0.33%
Falvey Insurance Group LTD RI$18.2M · 0.34%
Kss, Inc. RI$17.0M · 0.58%
Marinosci Law Group, PC RI$6.2M · 0.81%
Torden LLC RI$4.7M · 1.34%
Rxvantage, Inc. RI$4.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200498824 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.