Plan Ledger DOL Form 5500 · updated monthly

Kalamazoo Sanitary Supply, Inc.401(k)

KSS ENTERPRISES 401(K) PLAN · KALAMAZOO, MI · plan year 2022

Reported admin expense ratio · 2022
0.53%

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

Kalamazoo Sanitary Supply, Inc. reported $34,902 in plan administrative expenses for 2022: 0.53% of average plan assets, above the peer median. Employer contributions averaged $534 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Michigan (1,867th of 2,619), and 3,453rd of 4,246 in wholesale trade. In 2022, employees put in $7.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,266,094
Participants with balances153
Active participants170
Employer contributions$90,766
Employee contributions$710,992
Employer contribution per active participant$534
Average account balance$40,955
Benefits paid to participants$390,250
Plan auditUnmodified (clean) audit opinion
AuditorBRINK, KEY & CHLUDZINSKI, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $67K emplr
2022$6.3M · 153 accts · $91K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$34,902
Total administrative$34,902
The Kalamazoo Sanitary Supply, Inc. 401(k) match · 2022
Employer contribution per active participant$534
Median for plans this size$1,114

Kalamazoo Sanitary Supply, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$34,902 · 0.53%
Same employer
Similar plansWholesale Trade · Michigan
Coyne Staffing LLC MI$6.6M · 0.93%
Joint Board of Trustees MI$6.1M · 1.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382710765 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.