Plan Ledger DOL Form 5500 · updated monthly

Kalkaska Screw Products, Inc.401(k) + ESOP (KSOP)

KALKASKA SCREW PRODUCTS, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN · KALKASKA, MI · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Kalkaska Screw Products, Inc. reported $224 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,418 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 0.003% to 0.004%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,835th of 2,619), and 10,387th of 13,661 in manufacturing. In 2024, the employer put in $4.52 for every $1.00 employees contributed themselves; active participation has shrunk from 58 to 51 since 2022.

Plan summary
Net assets, end of year$6,586,287
Participants with balances138
Active participants51
Employer contributions$582,339
Employee contributions$128,918
Employer contribution per active participant$11,418
Average account balance$47,727
Benefits paid to participants$177,417
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 138 accts · $582K emplr
2023$5.8M · 147 accts · $412K emplr
2022$5.8M · 136 accts · $524K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$224
Total administrative$224
The Kalkaska Screw Products, Inc. 401(k) match · 2024
Employer contribution per active participant$11,418
Median for plans this size$1,313
2024$11,418 per active participant
2023$7,364 per active participant
2022$9,035 per active participant

Kalkaska Screw Products, Inc.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$224 · 0.00%
2023$300 · 0.01%
2022$200 · 0.00%
Similar plansManufacturing · Michigan
Flow-Rite Controls, LTD. MI$6.7M · 0.74%
Lyon Gear & Machine, Inc. MI$6.6M · 0.85%
Mollertech, LLC MI$6.6M · 1.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251780487 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.