Plan Ledger DOL Form 5500 · updated monthly

Kasa Living, Inc.401(k)

KASA LIVING, INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Kasa Living, Inc. reported $21,298 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $1,418 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 0.15% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (4,395th of 5,648), and the 836th of 2,240 in accommodation & food services. In 2024, employees put in $3.47 for every $1.00 the employer contributed; active participation has shrunk from 222 to 167 since 2022.

Plan summary
Net assets, end of year$5,447,719
Participants with balances203
Active participants167
Employer contributions$236,802
Employee contributions$821,685
Employer contribution per active participant$1,418
Average account balance$26,836
Benefits paid to participants$936,464
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 203 accts · $237K emplr
2023$4.6M · 254 accts · $466K emplr
2022$2.9M · 284 accts · $395K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,298
Total administrative$21,298
The Kasa Living, Inc. 401(k) match · 2024
Employer contribution per active participant$1,418
Median for plans this size$1,313
2024$1,418 per active participant
2023$2,823 per active participant
2022$1,779 per active participant

Kasa Living, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241

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$21,298 · 0.42%
2023$16,084 · 0.43%
2022$4,441 · 0.15%
Same employer
Similar plansAccommodation & Food Services · New York
Cater to You, Inc. NY$5.7M · 0.50%
Dino Hospitality, LLC NY$5.3M · 0.58%
Kelton Enterprises, LLC NY$5.3M · 0.35%
Mei Gny Hospitality, LLC NY$4.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841929542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.