Plan Ledger DOL Form 5500 · updated monthly

Keeneland Association, Inc.401(k)

KEENELAND ASSOCIATION, INC. 401(K) PLAN · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Keeneland Association, Inc. reported $26,354 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $1,169 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 3 years on file its reported administrative ratio has held roughly steady near 0.153%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 305th-largest of 871 plans among Kentucky employers on file, and the 441st of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.87 for every $1.00 the employer contributed; active participation has grown from 361 to 405 since 2022.

Plan summary
Net assets, end of year$18,830,003
Participants with balances418
Active participants405
Employer contributions$473,469
Employee contributions$1,357,312
Employer contribution per active participant$1,169
Average account balance$45,048
Benefits paid to participants$1,145,230
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 418 accts · $473K emplr
2023$15.6M · 340 accts · $286K emplr
2022$14.4M · 352 accts · $276K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,769
Trustee / custodial$6,585
Total administrative$26,354
The Keeneland Association, Inc. 401(k) match · 2024
Employer contribution per active participant$1,169
Median for plans this size$2,416
2024$1,169 per active participant
2023$755 per active participant
2022$764 per active participant

Keeneland Association, Inc.'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.

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
MILLIMAN, INC. · Recordkeeping · Pension consulting$19,769
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee (directed)$6,585
CHARLES SCHWAB & CO., INC. · Custodial (securities)indirect 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
2024Milliman
2023Milliman

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Administrative cost history3
2024$26,354 · 0.15%
2023$23,458 · 0.16%
2022$23,903 · 0.15%
Same employer
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Churchill Downs Incorporated KY$209.8M · 0.12%
Royal Poinciana Golf Club FL$19.1M · 0.17%
Little River Casino Resort MI$18.8M · 0.48%
Nisqually Red Wind Casino WA$18.7M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610597425 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.