Plan Ledger DOL Form 5500 · updated monthly

Kaboom! Inc.403(b)

KABOOM! INC. 403(B) RETIREMENT PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Kaboom! Inc. reported $48,493 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $5,629 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 has held roughly steady near 0.441%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (906th of 1,671), and the 5,190th of 11,911 in health care & social assistance. In 2024, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,858,924
Participants with balances151
Active participants64
Employer contributions$360,227
Employee contributions$577,703
Employer contribution per active participant$5,629
Average account balance$78,536
Benefits paid to participants$709,858
Plan auditUnmodified (clean) audit opinion
AuditorCOUNCILOR, BUCHANAN & MITCHELL, PC
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 151 accts · $360K emplr
2023$10.1M · 156 accts · $323K emplr
2022$8.5M · 153 accts · $197K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,493
Total administrative$48,493
Employer contributions to the Kaboom! Inc. plan · 2024
Employer contribution per active participant$5,629
Median for plans this size$2,416
2024$5,629 per active participant
2023$5,212 per active participant
2022$3,235 per active participant

Kaboom! Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$48,493

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$48,493 · 0.44%
2023$44,382 · 0.48%
2022$43,431 · 0.44%
Similar plansHealth Care & Social Assistance · Maryland
Apt Holdings LLC MD$12.2M · 0.66%
Laser Assets, Inc. MD$11.6M · 0.01%
Broadmead, Inc. MD$11.5M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521970904 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.