Plan Ledger DOL Form 5500 · updated monthly

Kaye-Smith Enterprises, Inc.401(k)

KAYE-SMITH ENTERPRISES 401(K) RETIREMENT SAVINGS PLAN & TRUST · BELLEVUE, WA · plan year 2023

Reported admin expense ratio · 2023
0.26%

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

Kaye-Smith Enterprises, Inc. reported $44,014 in plan administrative expenses for 2023: 0.26% of average plan assets, below the peer median. Employer contributions averaged $288 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 0.29% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 728th-largest of 1,714 plans among Washington employers on file, and the 6,191st of 13,661 in manufacturing. In 2023, employees put in $14.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,678,072
Participants with balances186
Active participants198
Employer contributions$57,100
Employee contributions$840,185
Employer contribution per active participant$288
Average account balance$100,420
Benefits paid to participants$743,989
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 175 accts · $56K emplr
2023$18.7M · 186 accts · $57K emplr
2022$14.9M · 184 accts · $66K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,866
Investment management$15,852
Audit (IQPA)$13,000
Total administrative$44,014
The Kaye-Smith Enterprises, Inc. 401(k) match · 2023
Employer contribution per active participant$288
Median for plans this size$2,440
2024$326 per active participant
2023$288 per active participant
2022$309 per active participant

Kaye-Smith Enterprises, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
BENSLER, LLC · Investment advisory (plan)$15,852
SWEENEY CONRAD, PS · Accounting / audit$13,000

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$35,139 · 0.19%
2023$44,014 · 0.26%
2022$50,122 · 0.29%
Same employer
Similar plansManufacturing · Washington
Pedigo Products, Inc WA$18.8M · 0.35%
Orca Bay Foods, LLC WA$18.7M · 0.19%
Addium, Inc. WA$18.3M · 0.53%
Achilles USA, Inc. WA$18.0M · 0.30%
Icom America, Inc. WA$17.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930523003 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.