Plan Ledger DOL Form 5500 · updated monthly

Kalmbach Feeds, Inc.401(k)

KALMBACH FEEDS, INC. 401(K) AND PROFIT SHARING PLAN · UPPER SANDUSKY, OH · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Kalmbach Feeds, Inc. reported $121,818 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $1,924 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 0.44% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 573rd-largest of 3,295 plans among Ohio employers on file, and the 2,785th of 13,661 in manufacturing. In 2024, employees put in $2.71 for every $1.00 the employer contributed; active participation has grown from 733 to 871 since 2022.

Plan summary
Net assets, end of year$59,410,796
Participants with balances989
Active participants871
Employer contributions$1,675,487
Employee contributions$4,547,808
Employer contribution per active participant$1,924
Average account balance$60,072
Benefits paid to participants$6,082,878
Plan auditUnmodified (clean) audit opinion
AuditorHOLBROOK & MANTER
Plan history3
Yearassets · accounts · employer contribution
2024$59.4M · 989 accts · $1.7M emplr
2023$52.3M · 1,023 accts · $1.3M emplr
2022$44.6M · 912 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,853
Investment management$55,965
Total administrative$121,818
The Kalmbach Feeds, Inc. 401(k) match · 2024
Employer contribution per active participant$1,924
Median for plans this size$3,635
2024$1,924 per active participant
2023$1,598 per active participant
2022$1,673 per active participant

Kalmbach Feeds, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$65,932
TFO WEALTH PARTNERS LLC · Investment advisory (plan)$55,965

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$121,818 · 0.22%
2023$254,341 · 0.52%
2022$206,798 · 0.44%
Same employer
Similar plansManufacturing · Ohio
Gg Brands Company OH$61.9M · 0.29%
Fuyao Glass America Inc. OH$60.4M · 0.51%
Masterbrand Cabinets LLC OH$59.2M · 0.21%
Ask Chemicals, LP OH$59.1M · 0.06%
Cincinnati Incorporated OH$58.9M · 0.06%
The Home City Ice Company OH$58.7M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311162375 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.