Plan Ledger DOL Form 5500 · updated monthly

Kele, Inc.401(k)

KELE, INC. 401(K) PROFIT SHARING PLAN · BARTLETT, TN · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Kele, Inc. reported $13,873 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,857 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 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 351st-largest of 1,496 plans among Tennessee employers on file, and the 3,886th of 13,661 in manufacturing. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 302 to 399 since 2022.

Plan summary
Net assets, end of year$37,112,815
Participants with balances481
Active participants399
Employer contributions$1,140,020
Employee contributions$2,387,156
Employer contribution per active participant$2,857
Average account balance$77,158
Benefits paid to participants$4,538,216
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.1M · 481 accts · $1.1M emplr
2023$28.4M · 387 accts · $954K emplr
2022$22.2M · 358 accts · $862K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,873
Total administrative$13,873
The Kele, Inc. 401(k) match · 2024
Employer contribution per active participant$2,857
Median for plans this size$2,416
2024$2,857 per active participant
2023$3,223 per active participant
2022$2,856 per active participant

Kele, Inc.'s 2024 employer contribution ran above 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$92,796

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Kele, 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$13,873 · 0.04%
2023$6,006 · 0.02%
2022$6,025 · 0.02%
Same employer
Similar plansManufacturing · Tennessee
Kordsa, Inc. TN$39.7M · 0.16%
Shiroki North America, Inc. TN$39.3M · 0.10%
Elo Touch Solutions, Inc. TN$33.9M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200622482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.