Plan Ledger DOL Form 5500 · updated monthly

Kane Infrastructure Services401(k)

KANE 401(K) PROFIT SHARING PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Kane Infrastructure Services reported $67,168 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,676 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 1 year on file its reported administrative ratio rose from 0.26% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 656th-largest of 2,005 plans among North Carolina employers on file, and the 4,895th of 11,654 in professional & technical services. In 2024, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,056,838
Participants with balances394
Active participants510
Employer contributions$854,664
Employee contributions$1,853,707
Employer contribution per active participant$1,676
Average account balance$61,058
Benefits paid to participants$1,353,049
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$24.1M · 394 accts · $855K emplr
2023$12.4M · 201 accts · $479K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,751
Investment management$35,417
Total administrative$67,168
The Kane Infrastructure Services 401(k) match · 2024
Employer contribution per active participant$1,676
Median for plans this size$2,416
2024$1,676 per active participant
2023$1,494 per active participant

Kane Infrastructure Services'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
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$35,417
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,751

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

Administrative cost history2
2024$67,168 · 0.37%
2023$26,133 · 0.26%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Metabolon, Inc. NC$25.4M · 0.03%
Redwood Software, Inc. NC$24.6M · 0.34%
Dmjps PLLC NC$24.1M · 0.33%
Advisor HR, Inc. NC$23.7M · 1.14%
Sequence, Inc. NC$23.2M · 0.41%
The van Winkle Law Firm NC$22.7M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871751107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.