Plan Ledger DOL Form 5500 · updated monthly

Kelso Industries, LLC401(k)

KELSO INDUSTRIES, LLC 401(K) PLAN · DRAPER, UT · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Kelso Industries, LLC reported $71,846 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $388 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 194th-largest of 848 plans among Utah employers on file, and the 1,322nd of 5,337 in construction. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,868,726
Participants with balances424
Active participants2,103
Employer contributions$815,736
Employee contributions$1,226,929
Employer contribution per active participant$388
Average account balance$86,955
Benefits paid to participants$3,649,262
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,846
Total administrative$71,846
The Kelso Industries, LLC 401(k) match · 2024
Employer contribution per active participant$388
Median for plans this size$2,416

Kelso Industries, 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$71,846
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history1
2024$71,846 · 0.19%
Same employer
Similar plansConstruction · Utah
Woodside Group, LLC UT$56.4M · 0.27%
Taylor Electric, Inc. UT$50.8M · 0.06%
3FORM LLC UT$33.3M · 0.48%
R & O Construction UT$26.4M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870914808 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.