Plan Ledger DOL Form 5500 · updated monthly

Kahn, Litwin, Renza & Co., LTD.401(k)

KAHN, LITWIN, RENZA & CO., LTD. 401(K) RETIREMENT PLAN · PROVIDENCE, RI · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Kahn, Litwin, Renza & Co., LTD. reported $97,535 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $3,466 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 rose from 0.20% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 69th-largest of 286 plans among Rhode Island employers on file, and the 2,736th of 11,654 in professional & technical services. In 2024, employees put in $3.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,604,005
Participants with balances402
Active participants275
Employer contributions$953,050
Employee contributions$3,717,131
Employer contribution per active participant$3,466
Average account balance$125,881
Benefits paid to participants$2,837,360
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.6M · 402 accts · $953K emplr
2023$41.9M · 378 accts · $714K emplr
2022$34.5M · 347 accts · $605K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,452
Total administrative$97,535
The Kahn, Litwin, Renza & Co., LTD. 401(k) match · 2024
Employer contribution per active participant$3,466
Median for plans this size$2,416
2024$3,466 per active participant
2023$2,486 per active participant
2022$2,309 per active participant

Kahn, Litwin, Renza & Co., LTD.'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
FIDELITY INVEST INST OPER CO INC · Loan processing$67,452
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan) · Investment management$20,580
THE ANGELL PENSION GROUP, INC. · Other services$9,503

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$97,535 · 0.21%
2023$72,242 · 0.19%
2022$72,796 · 0.20%
Same employer
Similar plansProfessional & Technical Services · Rhode Island
Seacorp, LLC RI$147.5M · 0.11%
Beta Group Inc RI$42.2M · 0.12%
Cai Software LLC RI$36.3M · 0.13%
Purvis Systems Inc RI$28.8M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050409384 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.