Plan Ledger DOL Form 5500 · updated monthly

Kelley Bros. LLC401(k)

KELLEY BROS. SALARY SAVINGS PLAN · SYRACUSE, NY · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Kelley Bros. LLC reported $100,352 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $564 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 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,150th-largest of 5,648 plans among New York employers on file, and the 1,526th of 4,246 in wholesale trade. In 2024, employees put in $8.58 for every $1.00 the employer contributed; active participation has grown from 279 to 309 since 2022.

Plan summary
Net assets, end of year$25,965,726
Participants with balances301
Active participants309
Employer contributions$174,202
Employee contributions$1,495,328
Employer contribution per active participant$564
Average account balance$86,265
Benefits paid to participants$1,556,736
Plan auditUnmodified (clean) audit opinion
AuditorBONODIO & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$26.0M · 301 accts · $174K emplr
2023$21.8M · 286 accts · $152K emplr
2022$17.8M · 259 accts · $141K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,853
Investment management$94,598
Total administrative$100,352
The Kelley Bros. LLC 401(k) match · 2024
Employer contribution per active participant$564
Median for plans this size$2,416
2024$564 per active participant
2023$512 per active participant
2022$507 per active participant

Kelley Bros. LLC'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 · 20242
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping · Custodial (securities)$17,267
JAMES P. REAGAN AGENCY, INC. · Investment advisory (plan) · Investment management$83,085

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

Recordkeeper by year2
2024BENEFIT PLANS ADMIN SERVICES, INC.
2023BENEFIT PLANS ADMIN SERVICES, INC.

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Administrative cost history3
2024$100,352 · 0.42%
2023$85,034 · 0.43%
2022$77,986 · 0.41%
Same employer
Similar plansWholesale Trade · New York
Jordache Enterprises, Inc. NY$27.1M · 0.07%
Haun Welding Supply, Inc NY$26.4M · 0.36%
Lbm Advantage Inc NY$26.3M · 0.42%
Clare Rose, Inc. NY$25.6M · 0.43%
Korg USA Inc. NY$24.8M · 0.25%
Vanguard Direct NY$24.7M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150511382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.