Plan Ledger DOL Form 5500 · updated monthly

Kay Management Company, Inc.401(k)

KAY MANAGEMENT COMPANY, INC. PROFIT SHARING PLAN · SILVER SPRINGS, MD · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Kay Management Company, Inc. reported $99,198 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $5,261 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 0.35% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 426th-largest of 1,671 plans among Maryland employers on file, and the 397th of 2,096 in real estate & leasing. In 2024, the employer put in $1.76 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$35,067,651
Participants with balances715
Active participants370
Employer contributions$1,946,659
Employee contributions$1,108,458
Employer contribution per active participant$5,261
Average account balance$49,046
Benefits paid to participants$5,976,563
Plan auditUnmodified (clean) audit opinion
AuditorHARITON, MANCUSO & JONES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$35.1M · 715 accts · $1.9M emplr
2023$34.9M · 697 accts · $1.9M emplr
2022$31.7M · 692 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,484
Investment management$34,247
Total administrative$99,198
The Kay Management Company, Inc. 401(k) match · 2024
Employer contribution per active participant$5,261
Median for plans this size$2,416
2024$5,261 per active participant
2023$5,288 per active participant
2022$5,190 per active participant

Kay Management Company, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MERRILL LYNCH PIERCE FENNER & .00 S · Investment advisory (plan)$34,247
THE MANDMARBLESTONE GROUP · Contract administrator$25,467

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$99,198 · 0.28%
2023$91,047 · 0.27%
2022$122,843 · 0.35%
Same employer
Similar plansReal Estate & Leasing · Maryland
Peri Formwork Systems, Inc. MD$49.6M · 0.17%
Bright Mls, Inc. MD$39.6M · 0.32%
Lerner Corporation MD$37.8M · 0.38%
Atlantic Tractor, LLC MD$28.9M · 0.37%
Elme Communities MD$28.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520912952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.