Plan Ledger DOL Form 5500 · updated monthly

Kelley Kronenberg, P.A.401(k)

KELLEY KRONENBERG 401(K) PROFIT SHARING PLAN · FORT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Kelley Kronenberg, P.A. reported $75,839 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $950 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 fell from 0.60% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,109th-largest of 3,644 plans among Florida employers on file, and the 5,526th of 11,654 in professional & technical services. In 2024, employees put in $6.15 for every $1.00 the employer contributed; active participation has grown from 322 to 413 since 2022.

Plan summary
Net assets, end of year$20,085,830
Participants with balances308
Active participants413
Employer contributions$392,179
Employee contributions$2,412,404
Employer contribution per active participant$950
Average account balance$65,214
Benefits paid to participants$1,772,701
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.1M · 308 accts · $392K emplr
2023$16.5M · 264 accts · $282K emplr
2022$12.8M · 214 accts · $237K emplr
The Kelley Kronenberg, P.A. 401(k) match · 2024
Employer contribution per active participant$950
Median for plans this size$2,416
2024$950 per active participant
2023$665 per active participant
2022$737 per active participant

Kelley Kronenberg, P.A.'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 · 20244
MORGAN STANLEY · Investment advisory (plan)$40,826
SOUTHERN PENSION SERVICES · Contract administrator$3,720
EMPOWER ADVISORY GROUP, LLC · Investment management$1,282

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$75,839 · 0.41%
2023$60,137 · 0.41%
2022$83,611 · 0.60%
Same employer
Similar plansProfessional & Technical Services · Florida
Deepwatch, Inc. FL$20.2M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650378773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.