Plan Ledger DOL Form 5500 · updated monthly

Kaufman Engineered Systems, Inc.401(k)

KAUFMAN ENGINEERED SYSTEMS, INC. PROFIT SHARING AND 401(K) PLAN AND TRUST · WATERVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Kaufman Engineered Systems, Inc. reported $101,852 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,499 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 0.56% to 0.46%. 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 1,193rd-largest of 3,295 plans among Ohio employers on file, and the 5,374th of 13,661 in manufacturing. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 123 to 149 since 2022.

Plan summary
Net assets, end of year$23,304,734
Participants with balances175
Active participants149
Employer contributions$521,298
Employee contributions$889,207
Employer contribution per active participant$3,499
Average account balance$133,170
Benefits paid to participants$1,067,732
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.3M · 175 accts · $521K emplr
2023$20.7M · 157 accts · $476K emplr
2022$17.0M · 156 accts · $430K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,633
Investment management$82,219
Total administrative$101,852
The Kaufman Engineered Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$3,499
Median for plans this size$2,416
2024$3,499 per active participant
2023$3,608 per active participant
2022$3,499 per active participant

Kaufman Engineered Systems, 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 · 20245
OSAIC WEALTH, INC · Investment advisory (plan)$41,201
EMPOWER ADVISORY GROUP, LLC · Investment management$30,837
ENVESTNET RETIREMENT SOLUTIONS LLC · Investment advisory (plan)$12,153
PENSION INNOVATIONS & CONSULTING · Contract administrator$5,000

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$101,852 · 0.46%
2023$100,978 · 0.54%
2022$91,952 · 0.56%
Similar plansManufacturing · Ohio
Codonics, Inc. OH$23.7M · 0.27%
The STEP2 Company LLC OH$23.7M · 0.71%
Process Technology OH$23.4M · 0.23%
Willowwood Global, LLC OH$23.2M · 0.30%
Kirkwood Holding Inc. OH$23.1M · 0.35%
Kaufman Container Company OH$22.7M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344476817 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.