Plan Ledger DOL Form 5500 · updated monthly

Kenan Advantage Group, Inc.401(k)

THE KENAN ADVANTAGE GROUP, INC. 401(K) PLAN · NORTH CANTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Kenan Advantage Group, Inc. reported $481,841 in plan administrative expenses for 2024: 0.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $876 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 rose from 0.14% to 0.18%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 165th-largest of 3,295 plans among Ohio employers on file, and the 125th of 2,677 in transportation & warehousing. In 2024, employees put in $3.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$277,888,995
Participants with balances4,102
Active participants6,717
Employer contributions$5,884,099
Employee contributions$19,945,966
Employer contribution per active participant$876
Average account balance$67,745
Benefits paid to participants$42,902,876
Plan auditUnmodified (clean) audit opinion
Auditor415 GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$277.9M · 4,102 accts · $5.9M emplr
2023$260.9M · 4,840 accts · $7.0M emplr
2022$210.2M · 3,819 accts · $5.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$392,002
Investment management$68,289
Audit (IQPA)$21,550
Total administrative$481,841
The Kenan Advantage Group, Inc. 401(k) match · 2024
Employer contribution per active participant$876
Median for plans this size$4,294
2024$876 per active participant
2023$1,052 per active participant
2022$853 per active participant

Kenan Advantage Group, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$392,001
AON INVESTMENTS USA INC · Investment advisory (plan)$63,289
415 GROUP · Accounting / audit · Investment advisory (plan)$26,550

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$481,841 · 0.18%
2023$522,677 · 0.22%
2022$331,863 · 0.14%
Same employer
Similar plansTransportation & Warehousing · Ohio
Firstgroup America, Inc. OH$328.2M · 0.30%
Dayton Freight Lines, Inc. OH$303.8M · 0.13%
Total Quality Logistics, LLC OH$280.1M · 0.17%
Abx Air, Inc. OH$279.9M · 0.13%
Psa Airlines, Inc. OH$242.1M · 0.05%
Fst Logistics, Inc. OH$113.3M · 0.00%
Triple T Transport, Inc. OH$108.9M · 0.00%
Beacon Mobility Corp. OH$89.4M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341950439 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.