Plan Ledger DOL Form 5500 · updated monthly

Kennedy Mechanical Plumbing & Heating, Inc.401(k)

KENNEDY MECHANICAL PLUMBING & HEATING, INC.401(K) SAVINGS PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Kennedy Mechanical Plumbing & Heating, Inc. reported $124,886 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,253 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 0.91%. 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 among the smaller plans on file in New York (3,010th of 5,648), and the 2,516th of 5,337 in construction. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,580,514
Participants with balances380
Active participants203
Employer contributions$457,409
Employee contributions$859,754
Employer contribution per active participant$2,253
Average account balance$38,370
Benefits paid to participants$1,474,809
Plan auditUnmodified (clean) audit opinion
AuditorDAVIE KAPLAN, CPA, PC
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$14.6M · 380 accts · $457K emplr
2023$12.8M · 349 accts · $375K emplr
2022$10.5M · 392 accts · $342K emplr
Administrative expenses, itemized · 2024
Investment management$124,886
Total administrative$124,886
The Kennedy Mechanical Plumbing & Heating, Inc. 401(k) match · 2024
Employer contribution per active participant$2,253
Median for plans this size$2,416
2024$2,253 per active participant
2023$1,737 per active participant
2022$1,702 per active participant

Kennedy Mechanical Plumbing & Heating, Inc.'s 2024 employer contribution ran below 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
BENEFITS MANAGEMENT, INC. · Recordkeeping · Pension consulting$15,643
KARPUS INVESTMENT MANAGEMENT · Investment management$85,563

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

Recordkeeper by year2
2024BENEFITS MANAGEMENT, INC.
2023BENEFITS MANAGEMENT, INC.

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Administrative cost history4
2025Not separately reported
2024$124,886 · 0.91%
2023$101,606 · 0.87%
2022$101,721 · 0.90%
Similar plansConstruction · New York
Pooler Enterprises, Inc. NY$15.6M · 0.36%
Tap Electric Metro Jv NY$15.2M · 0.34%
Northline Ventures, Inc. NY$14.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161385946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.