Plan Ledger DOL Form 5500 · updated monthly

Karen Kane, Inc.401(k)

KAREN KANE, INC. 401(K) PROFIT SHARING PLAN · LOS ANGELES, CA · plan year 2022

Reported admin expense ratio · 2022
1.44%

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

Karen Kane, Inc. reported $141,546 in plan administrative expenses for 2022: 1.44% of average plan assets, higher than ~90% of peers. Employer contributions averaged $453 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 fell from 1.44% to 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,874th of 9,483), and 9,423rd of 13,661 in manufacturing. In 2022, employees put in $6.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,536,942
Participants with balances195
Active participants130
Employer contributions$58,865
Employee contributions$376,849
Employer contribution per active participant$453
Average account balance$43,779
Benefits paid to participants$1,349,484
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 186 accts · $57K emplr
2023$7.4M · 194 accts · $48K emplr
2022$8.5M · 195 accts · $59K emplr
Administrative expenses, itemized · 2022
Investment management$19,611
Total administrative$141,546
The Karen Kane, Inc. 401(k) match · 2022
Employer contribution per active participant$453
Median for plans this size$1,114
2024$512 per active participant
2023$388 per active participant
2022$453 per active participant

Karen Kane, Inc.'s 2022 employer contribution ran below the $1,114 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 history3
2024$19,415 · 0.25%
2023$100,551 · 1.26%
2022$141,546 · 1.44%
Same employer
Similar plansManufacturing · California
L2T, Inc. CA$8.6M · 0.16%
Zoo Med Laboratories Inc CA$8.6M · 0.90%
Manhattan Beachwear, LLC. CA$8.5M · 0.55%
The Sloan Company CA$8.5M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953579007 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.