Kbp Brands, LLC401(k)
KBP BRANDS, 401(K) PLAN · LEAWOOD, KS · plan year 2024
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Kbp Brands, LLC reported $183,812 in plan administrative expenses for 2024: 1.11% of average plan assets, higher than ~90% of peers. Employer contributions averaged $39 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 rose from 0.84% to 1.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 316th-largest of 828 plans among Kansas employers on file, and the 321st of 2,240 in accommodation & food services. In 2024, employees put in $6.32 for every $1.00 the employer contributed; active participation has grown from 4,823 to 9,238 since 2022.
Kbp Brands, LLC's 2024 employer contribution ran below the $2,416 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 825400542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.