Plan Ledger DOL Form 5500 · updated monthly

Kennesaw Transportation, Inc.401(k)

KENNESAW TRANSPORATION, INC. 401(K) PLAN · RYDAL, GA · plan year 2024

Reported admin expense ratio · 2024
1.22%

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

Kennesaw Transportation, Inc. reported $61,640 in plan administrative expenses for 2024: 1.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,019 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 0.73% to 1.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Georgia (1,582nd of 2,160), and 1,582nd of 2,677 in transportation & warehousing. In 2024, employees put in $2.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,403,653
Participants with balances196
Active participants252
Employer contributions$256,682
Employee contributions$734,517
Employer contribution per active participant$1,019
Average account balance$27,570
Benefits paid to participants$779,398
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 196 accts · $257K emplr
2023$4.7M · 227 accts · $274K emplr
2022$3.8M · 166 accts · $233K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,640
Total administrative$61,640
The Kennesaw Transportation, Inc. 401(k) match · 2024
Employer contribution per active participant$1,019
Median for plans this size$1,313
2024$1,019 per active participant
2023$1,064 per active participant
2022$911 per active participant

Kennesaw Transportation, Inc.'s 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$61,639
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)indirect comp

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$61,640 · 1.22%
2023$33,735 · 0.80%
2022$32,096 · 0.73%
All plans at this employer2
KENNESAW TRANSPORATION, INC. 401(K) PLAN401(k)
KENNESAW TRANSPORTATION, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansTransportation & Warehousing · Georgia
Volato, Inc. GA$6.1M · 1.07%
Taylor Transport, Inc. GA$4.9M · 1.00%
Port City Logistics, Inc. GA$4.8M · 1.16%
Ard Logistics, LLC GA$4.6M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581422707 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.