Plan Ledger DOL Form 5500 · updated monthly

Kennedy Automotive Group, Inc.401(k)

KENNEDY AUTOMOTIVE GROUP, INC. 401(K) PLAN · FEASTERVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Kennedy Automotive Group, Inc. reported $27,504 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $982 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 0.077%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,021st-largest of 3,651 plans among Pennsylvania employers on file, and the 858th of 5,215 in retail trade. In 2024, employees put in $5.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,926,579
Participants with balances343
Active participants324
Employer contributions$318,200
Employee contributions$1,680,425
Employer contribution per active participant$982
Average account balance$107,658
Benefits paid to participants$4,747,281
Plan auditUnmodified (clean) audit opinion
AuditorLAWRENCE F. TORNETTA LLC
Plan history3
Yearassets · accounts · employer contribution
2024$36.9M · 343 accts · $318K emplr
2023$34.5M · 340 accts · $296K emplr
2022$29.6M · 357 accts · $313K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,004
Audit (IQPA)$17,500
Total administrative$27,504
The Kennedy Automotive Group, Inc. 401(k) match · 2024
Employer contribution per active participant$982
Median for plans this size$2,416
2024$982 per active participant
2023$935 per active participant
2022$971 per active participant

Kennedy Automotive Group, Inc.'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 · 20243
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$10,005
LAWRENCE F. TORNETTA LLC · Accounting / audit$17,500
OSAIC WEALTH INC · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$27,504 · 0.08%
2023$24,687 · 0.08%
2022$27,205 · 0.08%
Similar plansRetail Trade · Pennsylvania
Autobody Products, Inc. PA$37.0M · 0.06%
Norman's Gift Shops, Inc. PA$35.2M · 0.14%
Shipley Energy Company PA$34.8M · 0.29%
Pentec Health, Inc. PA$34.7M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232545536 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.