Plan Ledger DOL Form 5500 · updated monthly

K5 Corporation401(k)

K5 CORPORATION RETIREMENT SAVINGS PLAN · ROCKLAND, MA · plan year 2025

Reported admin expense ratio · 2025
1.14%

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

K5 Corporation reported $34,134 in plan administrative expenses for 2025: 1.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,976 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 3 years on file its reported administrative ratio fell from 1.70% to 1.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Massachusetts (2,451st of 2,726), and 4,407th of 5,337 in construction. In 2025, the employer put in $24.17 for every $1.00 employees contributed themselves; active participation has grown from 120 to 140 since 2022.

Plan summary
Net assets, end of year$3,422,512
Participants with balances216
Active participants140
Employer contributions$696,692
Employee contributions$28,830
Employer contribution per active participant$4,976
Average account balance$15,845
Benefits paid to participants$279,796
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$3.4M · 216 accts · $697K emplr
2024$2.5M · 209 accts · $593K emplr
2023$2.0M · 205 accts · $486K emplr
2022$1.4M · 168 accts · $370K emplr
The K5 Corporation 401(k) match · 2025
Employer contribution per active participant$4,976
Median for plans this size$1,464
2025$4,976 per active participant
2024$4,239 per active participant
2023$3,494 per active participant
2022$3,084 per active participant

K5 Corporation's 2025 employer contribution ran above the $1,464 median for plans its size, placing it in the top 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
ROCKLAND TRUST · Investment advisory (plan)$12,872
THE ANGELL PENSION GROUP INC · Contract administrator$6,461

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

Administrative cost history4
2025$34,134 · 1.14%
2024$36,261 · 1.58%
2023$25,654 · 1.51%
2022$25,586 · 1.70%
Similar plansConstruction · Massachusetts
R.A.D. Corporation MA$5.3M · 0.05%
Middlesex Glass Company MA$2.7M · 0.75%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043147908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.