Plan Ledger DOL Form 5500 · updated monthly

Kelley Connect Co.401(k)

KELLEY CONNECT 401(K) PROFIT SHARING PLAN · KENT, WA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Kelley Connect Co. reported $63,401 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,516 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 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 693rd-largest of 1,714 plans among Washington employers on file, and the 1,463rd of 5,215 in retail trade. In 2024, employees put in $2.49 for every $1.00 the employer contributed; active participation has grown from 305 to 351 since 2022.

Plan summary
Net assets, end of year$19,839,727
Participants with balances422
Active participants351
Employer contributions$883,068
Employee contributions$2,202,570
Employer contribution per active participant$2,516
Average account balance$47,014
Benefits paid to participants$1,168,088
Plan auditUnmodified (clean) audit opinion
AuditorSHANNON & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 422 accts · $883K emplr
2023$15.7M · 431 accts · $767K emplr
2022$11.8M · 378 accts · $578K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,401
Total administrative$63,401
The Kelley Connect Co. 401(k) match · 2024
Employer contribution per active participant$2,516
Median for plans this size$2,416
2024$2,516 per active participant
2023$2,135 per active participant
2022$1,896 per active participant

Kelley Connect Co.'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 · 20242
STANCORP · Claims processing · Recordkeeping$39,920
HUNNEX AND SHOEMAKER · Recordkeeping · Investment advisory (plan)$32,175

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

Recordkeeper by year2
2024HUNNEX AND SHOEMAKER, The Standard
2023HUNNEX AND SHOEMAKER, The Standard

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

Administrative cost history3
2024$63,401 · 0.36%
2023$32,975 · 0.24%
2022$45,096 · 0.37%
Same employer
Similar plansRetail Trade · Washington
University Book Store Inc WA$21.7M · 0.19%
K2 Sports LLC WA$21.1M · 0.13%
Cerium Networks, Inc WA$21.1M · 0.44%
Groundspeak, Inc. WA$20.6M · 0.37%
Tacoma Screw Products, Inc. WA$18.8M · 0.23%
Hinshaw WA$18.3M · 0.39%
Copiers Northwest, Inc. WA$17.3M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263968773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.