Plan Ledger DOL Form 5500 · updated monthly

Keith Smith Company, Inc401(k)

KEITH SMITH COMPANY, INC EMPLOYEE PSP · HOT SPRINGS, AR · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Keith Smith Company, Inc reported $85,030 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,895 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 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 187th-largest of 456 plans among Arkansas employers on file, and the 352nd of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has shrunk from 112 to 94 since 2022.

Plan summary
Net assets, end of year$14,117,171
Participants with balances129
Active participants94
Employer contributions$178,097
Employee contributions$314,888
Employer contribution per active participant$1,895
Average account balance$109,435
Benefits paid to participants$595,835
Plan auditUnmodified (clean) audit opinion
AuditorJASON UNDERWOOD CPA, PLLC DBA ERISA
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 129 accts · $178K emplr
2023$12.6M · 126 accts · $487K emplr
2022$10.8M · 126 accts · $587K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,925
Total administrative$85,030
The Keith Smith Company, Inc 401(k) match · 2024
Employer contribution per active participant$1,895
Median for plans this size$2,416
2024$1,895 per active participant
2023$4,873 per active participant
2022$5,240 per active participant

Keith Smith Company, Inc's 2024 employer contribution ran below the $2,416 median for plans its size. 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
ASCENSUS LLC · Recordkeeping$18,925
REGIONS BANK · Investment advisory (plan)$66,105

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$85,030 · 0.64%
2023$72,459 · 0.62%
2022$69,387 · 0.61%
Similar plansAgriculture, Forestry & Fishing · Arkansas
Tyson Foods, Inc. AR$3.7B · 0.14%
George's, Inc. AR$135.8M · 0.29%
The Price Companies, Inc. AR$20.3M · 0.49%
Sietsema Farms Inc. MI$14.2M · 0.34%
Kelena Farms, Inc. HI$14.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271578424 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.