Plan Ledger DOL Form 5500 · updated monthly

Kbc Nursing Agency, Inc.401(k)

KBC EMPLOYEE RETIREMENT PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
3.03%

Kbc Nursing Agency, Inc. reported $35,416 in plan administrative expenses for 2024: 3.03% of average plan assets, higher than ~90% of peers. 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 4.05% to 3.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in District of Columbia (589th of 618), and 10,633rd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,301,834
Participants with balances239
Active participants342
Employer contributions—
Employee contributions$253,204
Employer contribution per active participant—
Average account balance$5,447
Benefits paid to participants$88,321
Plan auditDisclaimer of opinion
AuditorPEMMASANI, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$1.3M · 239 accts
2023$1.0M · 256 accts
2022$565K · 259 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,416
Total administrative$35,416
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 · 20242
RETIREMENT PLAN SOLUTIONS, INC. · Contract administrator$9,958

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$35,416 · 3.03%
2023$26,154 · 3.27%
2022$18,302 · 4.05%
Similar plansHealth Care & Social Assistance · District of Columbia
Holistic Industries Inc. DC$1.4M · 1.12%
N Street Village, Inc DC$1.2M · 0.02%
Aspen Medical USA Inc DC$828K · 0.10%
Dc Health Care Inc DC$687K · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522287709 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.