Kendall Electric, Inc.ESOP
THE KENDALL GROUP EMPLOYEE STOCK OWNERSHIP PLAN · PORTAGE, MI · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Kendall Electric, Inc. reported $600 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,022 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 1 year on file its reported administrative ratio fell from 0.001% to 0.000%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 42nd-largest of 2,619 plans among Michigan employers on file, and the 59th of 4,246 in wholesale trade.
Kendall Electric, 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 382023622 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.