Plan Ledger DOL Form 5500 · updated monthly

Kanawha Stone Company, Inc.401(k)

KANAWHA STONE COMPANY, INC. & AFFILIATES PROFIT SHARING PLAN · POCA, WV · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Kanawha Stone Company, Inc. reported $100,667 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,047 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 0.50% to 0.53%. 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 75th-largest of 265 plans among West Virginia employers on file, and the 1,969th of 5,337 in construction. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 234 to 280 since 2022.

Plan summary
Net assets, end of year$20,806,039
Participants with balances159
Active participants280
Employer contributions$573,169
Employee contributions$1,251,264
Employer contribution per active participant$2,047
Average account balance$130,856
Benefits paid to participants$1,276,451
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 159 accts · $573K emplr
2023$17.4M · 179 accts · $257K emplr
2022$14.0M · 169 accts · $245K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,462
Investment management$13,205
Total administrative$100,667
The Kanawha Stone Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,047
Median for plans this size$2,416
2024$2,047 per active participant
2023$1,168 per active participant
2022$1,049 per active participant

Kanawha Stone Company, Inc.'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$16,856
MORGAN STANLEY CAPITAL · Investment advisory (plan)$13,214

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$100,667 · 0.53%
2023$79,310 · 0.51%
2022$74,924 · 0.50%
Same employer
Similar plansConstruction · West Virginia
Kaley Group, Inc. WV$21.9M · 0.34%
J. F. Allen Company WV$19.6M · 0.44%
March-Westin Company, Inc. WV$19.2M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 550535003 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.