Plan Ledger DOL Form 5500 · updated monthly

Kc Engineering and Land Surveying, P.C.401(k)

KC ENGINEERING AND LAND SURVEYING, P.C. PROFIT SHARING 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Kc Engineering and Land Surveying, P.C. reported $123,562 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $10,502 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 0.02% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,225th-largest of 5,648 plans among New York employers on file, and the 4,848th of 11,654 in professional & technical services. In 2024, employees put in $1.02 for every $1.00 the employer contributed; active participation has grown from 88 to 113 since 2022.

Plan summary
Net assets, end of year$24,332,754
Participants with balances139
Active participants113
Employer contributions$1,186,689
Employee contributions$1,213,239
Employer contribution per active participant$10,502
Average account balance$175,056
Benefits paid to participants$495,139
Plan auditUnmodified (clean) audit opinion
AuditorANCHIN BLOCK & ANCHIN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.3M · 139 accts · $1.2M emplr
2023$19.8M · 129 accts · $1.3M emplr
2022$16.2M · 124 accts · $541K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,571
Investment management$77,991
Total administrative$123,562
The Kc Engineering and Land Surveying, P.C. 401(k) match · 2024
Employer contribution per active participant$10,502
Median for plans this size$2,416
2024$10,502 per active participant
2023$13,334 per active participant
2022$6,151 per active participant

Kc Engineering and Land Surveying, P.C.'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 · 20242
MORGAN STANLEY GLOBAL BA · Investment advisory (plan)$77,991
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$45,571

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$123,562 · 0.56%
2023$70,512 · 0.39%
2022$4,393 · 0.02%
Same employer
Similar plansProfessional & Technical Services · New York
Hr&A Advisors, Inc. NY$24.7M · 0.36%
Atsg, Inc NY$24.6M · 0.30%
Envirotrac LTD. NY$24.6M · 0.30%
Handel Architects LLP NY$24.1M · 0.35%
Netatwork, LLC NY$24.0M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 112639911 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.