Plan Ledger DOL Form 5500 · updated monthly

Keltec, Inc.401(k)

KELTEC, INC. 401(K) PROFIT SHARING PLAN · TWINSBURG, OH · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Keltec, Inc. reported $33,666 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $551 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 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,085th of 3,295), and 9,249th of 13,661 in manufacturing. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,953,982
Participants with balances117
Active participants190
Employer contributions$104,647
Employee contributions$200,996
Employer contribution per active participant$551
Average account balance$76,530
Benefits paid to participants$399,298
Plan auditUnmodified (clean) audit opinion
AuditorC&P ADVISORS
Plan history2
Yearassets · accounts · employer contribution
2024$9.0M · 117 accts · $105K emplr
2022$7.4M · 89 accts · $262K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,117
Investment management$16,549
Total administrative$33,666
The Keltec, Inc. 401(k) match · 2024
Employer contribution per active participant$551
Median for plans this size$1,313
2024$551 per active participant
2022$2,491 per active participant

Keltec, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20245
ENZA FINANCIAL LLC · Investment advisory (plan)$6,353
EMPOWER ADVISORY GROUP, LLC · Investment management$5,886
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$4,310
AMERIPRISE FINANCIAL SERVICES LLCindirect comp

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

Administrative cost history2
2024$33,666 · 0.39%
2022$28,586 · 0.38%
Same employer
Similar plansManufacturing · Ohio
Greenpoint Metals, Inc. OH$9.1M · 0.35%
The Kennedy Group, Inc. OH$8.9M · 0.04%
Faxon Machining, Inc. OH$8.9M · 0.35%
Kaivac, Inc OH$8.9M · 0.68%
The Freeport Press, Inc. OH$8.9M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341378057 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.