Plan Ledger DOL Form 5500 · updated monthly

Kamco Supply Corporation of New England401(k)

KAMCO SUPPLY CORP OF NEW ENGLAND RETIREMENT PLAN · WALLINGFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Kamco Supply Corporation of New England reported $1,475 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,988 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 0.006% to 0.005%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 431st-largest of 1,106 plans among Connecticut employers on file, and the 1,379th of 4,246 in wholesale trade. In 2024, employees put in $2.76 for every $1.00 the employer contributed; active participation has grown from 229 to 267 since 2022.

Plan summary
Net assets, end of year$29,582,790
Participants with balances305
Active participants267
Employer contributions$530,858
Employee contributions$1,464,357
Employer contribution per active participant$1,988
Average account balance$96,993
Benefits paid to participants$1,562,528
Plan auditUnmodified (clean) audit opinion
AuditorSEWARD AND MONDE CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$29.6M · 305 accts · $531K emplr
2023$25.7M · 288 accts · $753K emplr
2022$22.8M · 289 accts · $869K emplr
The Kamco Supply Corporation of New England 401(k) match · 2024
Employer contribution per active participant$1,988
Median for plans this size$2,416
2024$1,988 per active participant
2023$3,164 per active participant
2022$3,796 per active participant

Kamco Supply Corporation of New England's 2024 employer contribution ran below 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,475

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$1,475 · 0.01%
2023$1,213 · 0.00%
2022$1,501 · 0.01%
Same employer
Similar plansWholesale Trade · Connecticut
Nefco Holding Company LLC CT$34.1M · 0.13%
Osterman & Company, Inc. CT$33.7M · 0.00%
Southern Auto Sales, Inc. CT$32.7M · 0.44%
Acme United Corporation CT$25.8M · 0.04%
Brescome Barton, Inc. CT$24.0M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060997132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.