Plan Ledger DOL Form 5500 · updated monthly

Kalmar Solutions, LLC401(k)

KALMAR SOLUTIONS 401(K) PLAN FOR IBT LOCAL 838 UNION MEMBERS · OTTAWA, KS · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Kalmar Solutions, LLC reported $43,809 in plan administrative expenses for 2023: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,629 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 2 years on file its reported administrative ratio fell from 0.54% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 413th-largest of 828 plans among Kansas employers on file, and 7,586th of 13,661 in manufacturing. In 2023, employees put in $1.57 for every $1.00 the employer contributed; active participation has shrunk from 245 to 142 since 2022.

Plan summary
Net assets, end of year$13,398,900
Participants with balances208
Active participants142
Employer contributions$373,296
Employee contributions$585,441
Employer contribution per active participant$2,629
Average account balance$64,418
Benefits paid to participants$2,379,304
Plan auditUnmodified (clean) audit opinion
AuditorBT&CO., P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 173 accts · $296K emplr
2023$13.4M · 208 accts · $373K emplr
2022$12.2M · 286 accts · $544K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,483
Investment management$22,176
Total administrative$43,809
The Kalmar Solutions, LLC 401(k) match · 2023
Employer contribution per active participant$2,629
Median for plans this size$2,440
2024$2,038 per active participant
2023$2,629 per active participant
2022$2,220 per active participant

Kalmar Solutions, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$21,484
COMMONWEALTH EQUITY SERVICES LLC DB · Investment advisory (plan)$22,176

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$59,800 · 0.50%
2023$43,809 · 0.34%
2022$60,419 · 0.54%
Similar plansManufacturing · Kansas
Universal Engraving, Inc. KS$14.4M · 0.36%
Hm Dunn Aerosystems, Inc KS$13.7M · 0.44%
Wolfe Electric, Inc. KS$13.3M · 0.30%
Cereal Ingredients Inc KS$13.2M · 0.14%
Cross Manufacturing, Inc. KS$12.8M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710891083 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.