Plan Ledger DOL Form 5500 · updated monthly

Kane Warehousing, Inc.401(k)

KANE WAREHOUSING, INC. RETIREMENT SAVINGS PLAN · SCRANTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Kane Warehousing, Inc. reported $245,255 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,146 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 0.46% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 717th-largest of 3,651 plans among Pennsylvania employers on file, and the 356th of 2,677 in transportation & warehousing. In 2024, employees put in $2.25 for every $1.00 the employer contributed; active participation has grown from 1,535 to 2,985 since 2022.

Plan summary
Net assets, end of year$56,484,886
Participants with balances3,428
Active participants2,985
Employer contributions$3,420,602
Employee contributions$7,703,848
Employer contribution per active participant$1,146
Average account balance$16,478
Benefits paid to participants$5,351,558
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$56.5M · 3,428 accts · $3.4M emplr
2023$41.1M · 2,410 accts · $2.8M emplr
2022$28.4M · 1,731 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150,722
Investment management$94,533
Total administrative$245,255
The Kane Warehousing, Inc. 401(k) match · 2024
Employer contribution per active participant$1,146
Median for plans this size$2,416
2024$1,146 per active participant
2023$1,274 per active participant
2022$1,317 per active participant

Kane Warehousing, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK RETIREMENT PLAN SERVIC · Recordkeeping · Investment advisory (participants)$158,369
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)$86,886

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$245,255 · 0.50%
2023$178,269 · 0.51%
2022$129,515 · 0.46%
Same employer
Similar plansTransportation & Warehousing · Pennsylvania
Armada Partners LP PA$90.7M · 0.16%
Pilot Air Freight, LLC PA$88.0M · 0.85%
Tait, LLC PA$74.9M · 0.18%
Daily Express, Inc. PA$45.2M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 231662471 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.