Plan Ledger DOL Form 5500 · updated monthly

Kasasa, LTD401(k)

KASASA, LTD 401(K) PLAN · AUSTIN, TX · plan year 2023

Reported admin expense ratio · 2023
0.13%

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

Kasasa, LTD reported $28,262 in plan administrative expenses for 2023: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,190 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 0.07% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,862nd-largest of 5,688 plans among Texas employers on file, and the 5,106th of 11,654 in professional & technical services. In 2023, employees put in $3.00 for every $1.00 the employer contributed; active participation has shrunk from 271 to 217 since 2022.

Plan summary
Net assets, end of year$22,705,597
Participants with balances424
Active participants217
Employer contributions$475,303
Employee contributions$1,427,089
Employer contribution per active participant$2,190
Average account balance$53,551
Benefits paid to participants$3,493,739
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.6M · 336 accts · $153K emplr
2023$22.7M · 424 accts · $475K emplr
2022$20.8M · 519 accts · $320K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,262
Total administrative$28,262
The Kasasa, LTD 401(k) match · 2023
Employer contribution per active participant$2,190
Median for plans this size$2,440
2024$1,040 per active participant
2023$2,190 per active participant
2022$1,180 per active participant

Kasasa, LTD's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ASCENSUS$10,155
CREATIVE PLANNING HOLD CO, LLCindirect comp
ASCENSUS · Other servicesindirect comp

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$37,299 · 0.17%
2023$28,262 · 0.13%
2022$18,160 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Texas
Global Iid Parent, LLC TX$23.0M · 0.12%
All Web Leads, Inc. TX$22.9M · 0.53%
Rrc Power & Energy, LLC TX$22.8M · 0.09%
Jim S. Adler & Associates TX$22.6M · 0.13%
Agilethought, LLC TX$22.3M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204116110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.