Plan Ledger DOL Form 5500 · updated monthly

Kbi Services, Inc.401(k)

KBI SERVICES, INC. 401(K) & PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.51%

Kbi Services, Inc. reported $91,746 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% 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 rose from 0.17% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,485th-largest of 5,648 plans among New York employers on file, and the 3,601st of 11,911 in health care & social assistance. active participation has grown from 581 to 716 since 2022.

Plan summary
Net assets, end of year$20,689,244
Participants with balances881
Active participants716
Employer contributions—
Employee contributions$4,159,357
Employer contribution per active participant—
Average account balance$23,484
Benefits paid to participants$2,403,784
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 881 accts
2023$15.6M · 1,083 accts
2022$9.5M · 627 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,691
Investment management$51,055
Total administrative$91,746
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
PENSIONMARK FINANCIAL GROUP LLC · Recordkeeping · Trustee$51,055
ADP, INC. · Loan processing · Recordkeeping$36,901
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, PENSIONMARK FINANCIAL GROUP LLC
2023ADP, JAMES A. REICHERT

This plan has changed recordkeepers within these filings. If you left Kbi Services, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$91,746 · 0.51%
2023$54,084 · 0.43%
2022$15,968 · 0.17%
Same employer
Similar plansHealth Care & Social Assistance · New York
The Highlands NY$20.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824301730 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.