Plan Ledger DOL Form 5500 · updated monthly

Kenny Pipe & Supply, Inc.401(k)

KENNY PIPE & SUPPLY, INC. 401(K) PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Kenny Pipe & Supply, Inc. reported $73,802 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,374 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 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 701st-largest of 1,496 plans among Tennessee employers on file, and 2,445th of 4,246 in wholesale trade. In 2024, employees put in $2.32 for every $1.00 the employer contributed; active participation has grown from 224 to 260 since 2022.

Plan summary
Net assets, end of year$14,193,229
Participants with balances256
Active participants260
Employer contributions$617,134
Employee contributions$1,430,519
Employer contribution per active participant$2,374
Average account balance$55,442
Benefits paid to participants$3,295,314
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 256 accts · $617K emplr
2023$13.5M · 241 accts · $575K emplr
2022$10.1M · 228 accts · $543K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,622
Investment management$30,180
Total administrative$73,802
The Kenny Pipe & Supply, Inc. 401(k) match · 2024
Employer contribution per active participant$2,374
Median for plans this size$2,416
2024$2,374 per active participant
2023$2,542 per active participant
2022$2,426 per active participant

Kenny Pipe & Supply, 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 · 20244
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$600
EDWARD D JONES AND CO. · Consulting · Investment advisory (plan)$27,893
ACENSUS HOLDINGS INC. DBA FUTUREPLA · Contract administrator$13,250

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$73,802 · 0.53%
2023$68,337 · 0.58%
2022$55,668 · 0.52%
Similar plansWholesale Trade · Tennessee
The Bailey Company, Inc. TN$18.6M · 0.44%
Associated Packaging, Inc. TN$16.2M · 0.63%
Symmetry Surgical Inc. TN$13.5M · 0.41%
Chemical Services, Inc. TN$13.3M · 0.56%
Eagle Distributing Company TN$13.2M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621494304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.