Kent Materials401(k)
KENT MATERIALS 401(K) · PORT ALLEN, LA · plan year 2020
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Kent Materials reported $3,656 in plan administrative expenses for 2020: 1.00% of average plan assets, above the peer median. Employer contributions averaged $343 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 0.05% to 1.00%. The plan sits in the under $1M size bracket, benchmarked here against 109 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Louisiana (858th of 884), and 2,432nd of 2,677 in transportation & warehousing. In 2020, employees put in $3.09 for every $1.00 the employer contributed.
Kent Materials's 2020 employer contribution ran above the $246 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.
Annual cost at the plan's reported 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 455308059 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.