Plan Ledger DOL Form 5500 · updated monthly

Kamminga & Roodvoets, Inc401(k)

KAMMINGA & ROODVOETS, INC. 401(K) SAVINGS AND RETIREMENT PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Kamminga & Roodvoets, Inc reported $13,607 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,497 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 0.01% to 0.03%. 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 572nd-largest of 2,619 plans among Michigan employers on file, and the 1,156th of 5,337 in construction. In 2024, the employer put in $2.05 for every $1.00 employees contributed themselves; active participation has grown from 239 to 268 since 2022.

Plan summary
Net assets, end of year$44,078,129
Participants with balances321
Active participants268
Employer contributions$2,813,161
Employee contributions$1,369,559
Employer contribution per active participant$10,497
Average account balance$137,315
Benefits paid to participants$3,476,291
Plan auditUnmodified (clean) audit opinion
AuditorMONROE SWEERIS & TROMP PLC
Plan history3
Yearassets · accounts · employer contribution
2024$44.1M · 321 accts · $2.8M emplr
2023$38.9M · 314 accts · $2.1M emplr
2022$34.3M · 305 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,607
Total administrative$13,607
The Kamminga & Roodvoets, Inc 401(k) match · 2024
Employer contribution per active participant$10,497
Median for plans this size$2,416
2024$10,497 per active participant
2023$8,401 per active participant
2022$8,742 per active participant

Kamminga & Roodvoets, Inc's 2024 employer contribution ran above the $2,416 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.

Service providers · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$13,607

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$13,607 · 0.03%
2023$5,165 · 0.01%
2022$4,073 · 0.01%
Same employer
Similar plansConstruction · Michigan
John E. Green Company MI$47.8M · 0.25%
Three Rivers Corporation MI$41.8M · 0.40%
Owen-Ames-Kimball Co. MI$40.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381808100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.