Plan Ledger DOL Form 5500 · updated monthly

Kamps, Inc.401(k)

KAMPS RETIREMENT SAVINGS PLAN · GRAND RAPIDS, MI · plan year 2025

Reported admin expense ratio · 2025
0.43%

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

Kamps, Inc. reported $249,209 in plan administrative expenses for 2025: 0.43% of average plan assets, higher than ~90% of peers. Employer contributions averaged $665 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 3 years on file its reported administrative ratio fell from 0.52% to 0.43%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other manufacturing employers. By assets it is the 444th-largest of 2,619 plans among Michigan employers on file, and the 2,716th of 13,661 in manufacturing. In 2025, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 2,889 to 3,748 since 2022.

Plan summary
Net assets, end of year$62,108,486
Participants with balances846
Active participants3,748
Employer contributions$2,494,177
Employee contributions$4,675,759
Employer contribution per active participant$665
Average account balance$73,414
Benefits paid to participants$8,533,103
Plan auditUnmodified (clean) audit opinion
AuditorKAPTEIN, DYKSTRA & COMPANY, P.C.
Plan history4
Yearassets · accounts · employer contribution
2025$62.1M · 846 accts · $2.5M emplr
2024$54.4M · 889 accts · $2.5M emplr
2023$48.9M · 901 accts · $2.3M emplr
2022$23.8M · 566 accts · $1.7M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$249,209
Total administrative$249,209
The Kamps, Inc. 401(k) match · 2025
Employer contribution per active participant$665
Median for plans this size$4,093
2025$665 per active participant
2024$776 per active participant
2023$690 per active participant
2022$599 per active participant

Kamps, Inc.'s 2025 employer contribution ran below the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$249,209
PRIVATE ADVISOR GROUP LLC · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history4
2025$249,209 · 0.43%
2024$223,563 · 0.43%
2023$206,746 · 0.57%
2022$122,832 · 0.52%
Same employer
Similar plansManufacturing · Michigan
Adac Plastics, Inc. MI$63.7M · 0.32%
Adrian Steel Company MI$63.0M · 0.26%
Gentherm Incorporated MI$61.8M · 0.30%
Rco Engineering, Inc. MI$61.4M · 0.05%
Besser Company MI$61.3M · 0.00%
Trijicon, Inc. MI$60.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382235224 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.