Plan Ledger DOL Form 5500 · updated monthly

Kennfeld Group LLC401(k)

KENNFELD GROUP LLC 401(K) PROFIT SHARING PLAN · VAN WERT, OH · plan year 2022

Reported admin expense ratio · 2022
0.61%

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

Kennfeld Group LLC reported $146,438 in plan administrative expenses for 2022: 0.61% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,405 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,214th-largest of 3,295 plans among Ohio employers on file, and the 1,703rd of 4,246 in wholesale trade. In 2022, the employer put in $1.36 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$22,690,376
Participants with balances240
Active participants205
Employer contributions$1,312,945
Employee contributions$968,039
Employer contribution per active participant$6,405
Average account balance$94,543
Benefits paid to participants$1,388,060
Plan auditUnmodified (clean) audit opinion
AuditorREA & ASSOCIATES, INC.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$90,159
Investment management$56,279
Total administrative$146,438
The Kennfeld Group LLC 401(k) match · 2022
Employer contribution per active participant$6,405
Median for plans this size$2,266

Kennfeld Group LLC's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$146,438 · 0.61%
Same employer
Similar plansWholesale Trade · Ohio
Tpc Wire & Cable Corp. OH$23.2M · 0.34%
Dummen NA, Inc. OH$23.2M · 0.33%
The Millcraft Paper Company OH$22.9M · 0.56%
The Loeb Electric Company OH$22.8M · 0.23%
Benjamin Steel Company OH$22.5M · 0.04%
Ranpak Corp. OH$22.4M · 0.30%
Khor Buyer OH$22.0M · 0.14%
Modern Office Methods, Inc. OH$21.9M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300319853 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.