Plan Ledger DOL Form 5500 · updated monthly

Kasa Companies, Inc.401(k)

AMENDED 401K PROFIT SHARING PLAN OF KASA COMPANIES, INC. · SALINA, KS · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Kasa Companies, Inc. reported $65,715 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,838 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 0.48% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 320th-largest of 828 plans among Kansas employers on file, and the 6,253rd of 13,661 in manufacturing. In 2024, employees put in $2.31 for every $1.00 the employer contributed; active participation has shrunk from 124 to 96 since 2022.

Plan summary
Net assets, end of year$18,371,731
Participants with balances195
Active participants96
Employer contributions$272,474
Employee contributions$629,320
Employer contribution per active participant$2,838
Average account balance$94,214
Benefits paid to participants$2,256,616
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 195 accts · $272K emplr
2023$17.6M · 205 accts · $293K emplr
2022$14.4M · 206 accts · $269K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,715
Total administrative$65,715
The Kasa Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$2,838
Median for plans this size$2,416
2024$2,838 per active participant
2023$2,189 per active participant
2022$2,170 per active participant

Kasa Companies, Inc.'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 · 20243
SUNFLOWER BANK NA · Investment advisory (plan)$48,037
PENTEGRA RETIREMENT SERVICES · Contract administrator$13,523

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$65,715 · 0.36%
2023$66,846 · 0.42%
2022$63,528 · 0.48%
Same employer
Similar plansManufacturing · Kansas
Manko Window Systems, Inc. KS$19.5M · 0.21%
Kejr, Inc. KS$18.9M · 0.18%
Uei Group Services, Inc. KS$18.4M · 0.37%
Lee Aerospace, Inc. KS$18.1M · 0.08%
Custom Wood Products, Inc. KS$17.0M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480820668 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.