Plan Ledger DOL Form 5500 · updated monthly

Kane Realty Corporation401(k)

KANE REALTY CORPORATION 401(K) PROFIT SHARING PLAN AND TRUST · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Kane Realty Corporation reported $24,347 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,700 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 0.18% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 933rd-largest of 2,005 plans among North Carolina employers on file, and the 896th of 2,096 in real estate & leasing. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 244 to 295 since 2022.

Plan summary
Net assets, end of year$13,806,244
Participants with balances172
Active participants295
Employer contributions$501,512
Employee contributions$1,022,858
Employer contribution per active participant$1,700
Average account balance$80,269
Benefits paid to participants$834,024
Plan auditUnmodified (clean) audit opinion
AuditorTHOMAS, JUDY & TUCKER
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 172 accts · $502K emplr
2023$11.7M · 151 accts · $441K emplr
2022$9.1M · 144 accts · $428K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,797
Total administrative$24,347
The Kane Realty Corporation 401(k) match · 2024
Employer contribution per active participant$1,700
Median for plans this size$2,416
2024$1,700 per active participant
2023$1,628 per active participant
2022$1,753 per active participant

Kane Realty Corporation'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

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$24,347 · 0.19%
2023$19,460 · 0.19%
2022$16,676 · 0.18%
Same employer
Similar plansReal Estate & Leasing · North Carolina
D P Preiss Company Inc NC$15.0M · 0.47%
Trinity Partners, LLC NC$14.6M · 0.52%
Nwr Services, LLC NC$14.4M · 0.16%
Gingko Residential LLC NC$14.0M · 0.41%
Biltmore Farms, LLC NC$11.0M · 0.25%
Westminster Company NC$10.4M · 0.53%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 561228678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.