Plan Ledger DOL Form 5500 · updated monthly

Kabelin Hardware Company, Inc.401(k)

KABELIN HARDWARE COMPANY, INC. PROFIT SHARING PLAN · LA PORTE, IN · plan year 2023

Reported admin expense ratio · 2023
0.23%

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

Kabelin Hardware Company, Inc. reported $19,074 in plan administrative expenses for 2023: 0.23% of average plan assets, below the peer median. Employer contributions averaged $785 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 1 year on file its reported administrative ratio rose from 0.20% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Indiana (941st of 1,562), and 2,864th of 5,215 in retail trade. In 2023, employees put in $2.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,870,580
Participants with balances94
Active participants109
Employer contributions$85,563
Employee contributions$248,584
Employer contribution per active participant$785
Average account balance$94,368
Benefits paid to participants$609,583
Plan auditUnmodified (clean) audit opinion
AuditorAPPLEGATE & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$8.9M · 94 accts · $86K emplr
2022$7.7M · 106 accts · $86K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,371
Investment management$16,703
Total administrative$19,074
The Kabelin Hardware Company, Inc. 401(k) match · 2023
Employer contribution per active participant$785
Median for plans this size$1,308
2023$785 per active participant
2022$746 per active participant

Kabelin Hardware Company, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
NOVA 401(K) ASSOCIATES · Contract administrator$5,347
MORGAN STANLEY SMITH BARNEYindirect comp

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

Administrative cost history2
2023$19,074 · 0.23%
2022$17,179 · 0.20%
Similar plansRetail Trade · Indiana
Heritage Petroleum, LLC IN$10.0M · 0.45%
The Blakley Corporation IN$9.1M · 0.58%
Parke-Bell LTD Inc. IN$9.0M · 0.00%
Sternberg, Inc. IN$8.8M · 0.64%
Don Ayres Pontiac, Inc IN$8.7M · 0.53%
Sac Finance, Inc. IN$8.6M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350430700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.