Plan Ledger DOL Form 5500 · updated monthly

Kay & Kay Contracting, Inc.401(k)

KAY & KAY CONTRACTING, INC. 401(K) PLAN · LONDON, KY · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Kay & Kay Contracting, Inc. reported $1,156 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,494 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 1 year on file its reported administrative ratio rose from 0.03% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Kentucky (701st of 871), and 4,340th of 5,337 in construction. In 2022, the employer put in $6.41 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,644,398
Participants with balances161
Active participants69
Employer contributions$448,062
Employee contributions$69,911
Employer contribution per active participant$6,494
Average account balance$22,636
Benefits paid to participants$1,248,912
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$3.5M · 56 accts · $428K emplr
2022$3.6M · 161 accts · $448K emplr
Administrative expenses, itemized · 2022
Professional / advisory$1,075
Total administrative$1,156
The Kay & Kay Contracting, Inc. 401(k) match · 2022
Employer contribution per active participant$6,494
Median for plans this size$1,114
2023$7,639 per active participant
2022$6,494 per active participant

Kay & Kay Contracting, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 history2
2023$4,975 · 0.14%
2022$1,156 · 0.03%
Similar plansConstruction · Kentucky
Specialty Interiors, Inc. KY$4.2M · 1.10%
Bizzack Construction, LLC KY$4.1M · 0.02%
M & L Electrical, Inc. KY$3.7M · 0.00%
Ranger Steel, Inc. KY$3.6M · 0.04%
Cmc, Inc. KY$3.1M · 1.40%
Bristol Group, Inc. KY$2.4M · 0.43%
Hmc Service Company, Inc. KY$2.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610911949 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.