Plan Ledger DOL Form 5500 · updated monthly

Kann Enterprises Inc401(k)

KANN ENTERPRISES INC 401(K) PROFIT SHARING PLAN & TRUST · COLUMBUS, OH · plan year 2022

Reported admin expense ratio · 2022
1.97%

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

Kann Enterprises Inc reported $1,847 in plan administrative expenses for 2022: 1.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (3,270th of 3,295), and 4,223rd of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$104,929
Participants with balances13
Active participants573
Employer contributions$0
Employee contributions$43,899
Employer contribution per active participant$0
Average account balance$8,071
Benefits paid to participants$5,874
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHECK CPA'S , LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,213
Investment management$634
Total administrative$1,847
The Kann Enterprises Inc 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Kann Enterprises Inc's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,847 · 1.97%
Similar plansWholesale Trade · Ohio
C & E Sales, Inc. OH$124K · 6.22%
Ez Book Recycle IL$114K · 2.76%
The Berry Man, Inc. CA$108K · 1.29%
C&R Oregon Corporation OR$94K · 5.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363586197 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.