Plan Ledger DOL Form 5500 · updated monthly

Kelvin Group Co401(k)

KELVIN GROUP 401(K) PLAN · WILMINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Kelvin Group Co reported $92,211 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,843 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 1,072nd-largest of 2,726 plans among Massachusetts employers on file, and the 1,644th of 5,337 in construction. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,148,350
Participants with balances394
Active participants342
Employer contributions$1,314,397
Employee contributions$2,576,056
Employer contribution per active participant$3,843
Average account balance$68,904
Benefits paid to participants$1,583,728
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,340
Investment management$58,871
Total administrative$92,211
The Kelvin Group Co 401(k) match · 2024
Employer contribution per active participant$3,843
Median for plans this size$2,416

Kelvin Group 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
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$33,340
TWELVE POINTS RETIREMENT ADVISORS · Investment advisory (plan)$56,104

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$92,211 · 0.40%
Same employer
Similar plansConstruction · Massachusetts
Lee Kennedy Co, Inc. MA$29.0M · 0.44%
Callahan, Inc. MA$25.2M · 0.39%
P.A. Landers, Inc. MA$24.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823162765 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.