Plan Ledger DOL Form 5500 · updated monthly

Keller Technology Corporation401(k)

THE KELLER TECHNOLOGY CORPORATION 401(K) RETIREMENT PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Keller Technology Corporation reported $81,086 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $3,721 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 0.173%. 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 1,378th-largest of 5,648 plans among New York employers on file, and the 3,184th of 13,661 in manufacturing. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$49,359,300
Participants with balances227
Active participants152
Employer contributions$565,587
Employee contributions$1,327,340
Employer contribution per active participant$3,721
Average account balance$217,442
Benefits paid to participants$3,255,128
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.4M · 227 accts · $566K emplr
2023$44.4M · 222 accts · $539K emplr
2022$42.1M · 226 accts · $557K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,086
Total administrative$81,086
The Keller Technology Corporation 401(k) match · 2024
Employer contribution per active participant$3,721
Median for plans this size$2,416
2024$3,721 per active participant
2023$3,826 per active participant
2022$3,813 per active participant

Keller Technology Corporation'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

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$81,086 · 0.17%
2023$74,872 · 0.17%
2022$77,918 · 0.17%
Similar plansManufacturing · New York
Mana Products, Inc. NY$50.4M · 0.06%
Frequency Electronics, Inc. NY$50.3M · 0.20%
Fonar Corporation NY$50.1M · 0.01%
The Mentholatum Company NY$49.1M · 0.29%
Interplex Industries, Inc. NY$48.3M · 0.24%
Mold-Rite Plastics, LLC NY$48.1M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160719390 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.