Plan Ledger DOL Form 5500 · updated monthly

Kaley Group, Inc.401(k)

KALEY GROUP, INC./KRSM INC. 401(K) PROFIT SHARING PLAN · WHEELING, WV · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Kaley Group, Inc. reported $68,209 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,496 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 fell from 0.40% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 73rd-largest of 265 plans among West Virginia employers on file, and the 1,895th of 5,337 in construction. In 2024, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,898,471
Participants with balances145
Active participants166
Employer contributions$414,308
Employee contributions$851,457
Employer contribution per active participant$2,496
Average account balance$151,024
Benefits paid to participants$211,472
Plan auditUnmodified (clean) audit opinion
AuditorGOFF BACKA ALFERA & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 145 accts · $414K emplr
2023$17.9M · 137 accts · $379K emplr
2022$14.2M · 150 accts · $315K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,209
Audit (IQPA)$13,000
Total administrative$68,209
The Kaley Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,496
Median for plans this size$2,416
2024$2,496 per active participant
2023$2,547 per active participant
2022$2,009 per active participant

Kaley Group, Inc.'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 · 20244
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$44,712
GOFF BACKA ALFERA & COMPANY$13,000
METRO BENEFITS INC · Contract administrator$8,076
CAPITAL GROUP RETIREMENT PLAN SVCS$2,303

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$68,209 · 0.34%
2023$58,511 · 0.36%
2022$52,517 · 0.40%
Same employer
Similar plansConstruction · West Virginia
The Mountain Company WV$52.9M · 0.89%
Kanawha Stone Company, Inc. WV$20.8M · 0.53%
J. F. Allen Company WV$19.6M · 0.44%
March-Westin Company, Inc. WV$19.2M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550754089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.