Plan Ledger DOL Form 5500 · updated monthly

Kardex Remstar, LLC401(k)

KARDEX REMSTAR SAVINGS PLAN · WESTBROOK, ME · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Kardex Remstar, LLC reported $77,430 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,732 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 0.38% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 140th-largest of 354 plans among Maine employers on file, and the 1,850th of 4,246 in wholesale trade. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 192 to 277 since 2022.

Plan summary
Net assets, end of year$20,550,843
Participants with balances241
Active participants277
Employer contributions$756,737
Employee contributions$1,654,902
Employer contribution per active participant$2,732
Average account balance$85,273
Benefits paid to participants$1,297,790
Plan auditUnmodified (clean) audit opinion
AuditorBAKER NEWMAN AND NOYES
Plan history3
Yearassets · accounts · employer contribution
2024$20.6M · 241 accts · $757K emplr
2023$17.2M · 190 accts · $653K emplr
2022$13.8M · 155 accts · $465K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,430
Total administrative$77,430
The Kardex Remstar, LLC 401(k) match · 2024
Employer contribution per active participant$2,732
Median for plans this size$2,416
2024$2,732 per active participant
2023$2,982 per active participant
2022$2,421 per active participant

Kardex Remstar, LLC's 2024 employer contribution ran above 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
THE RYDING COMPANY · Recordkeeping$4,534
LINCOLN NATIONAL CORPORATION · Contract administrator$72,896

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

Recordkeeper by year2
2024THE RYDING COMPANY
2023THE RYDING COMPANY

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

Administrative cost history3
2024$77,430 · 0.41%
2023$61,389 · 0.40%
2022$53,146 · 0.38%
Same employer
Similar plansWholesale Trade · Maine
Pine State Trading Co. ME$47.9M · 0.27%
Everett J. Prescott, Inc. ME$30.2M · 0.41%
Dennis Food Service ME$21.4M · 0.01%
Chadwick-Baross, Inc. ME$21.1M · 0.23%
Nappi Distributors, Inc. ME$18.6M · 0.08%
Butler Bros. ME$17.2M · 0.31%
W.D. Matthews Machinery Co. ME$14.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273846558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.