Plan Ledger DOL Form 5500 · updated monthly

Kent Water Sports Holdings, LLC401(k)

KENT WATER SPORTS HOLDINGS, LLC EMPLOYEES' 401(K) PLAN · NEW LONDON, OH · plan year 2022

Reported admin expense ratio · 2022
0.32%

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

Kent Water Sports Holdings, LLC reported $48,857 in plan administrative expenses for 2022: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,014 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 among the smaller plans on file in Ohio (1,673rd of 3,295), and 2,478th of 4,246 in wholesale trade. In 2022, employees put in $3.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,926,658
Participants with balances255
Active participants361
Employer contributions$366,127
Employee contributions$1,197,453
Employer contribution per active participant$1,014
Average account balance$54,614
Benefits paid to participants$1,203,837
Plan auditUnmodified (clean) audit opinion
AuditorREA & ASSOCIATES, INC.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$18,597
Investment management$30,260
Total administrative$48,857
The Kent Water Sports Holdings, LLC 401(k) match · 2022
Employer contribution per active participant$1,014
Median for plans this size$2,266

Kent Water Sports Holdings, LLC's 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom 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$48,857 · 0.32%
Similar plansWholesale Trade · Ohio
Power Distributors, LLC OH$14.3M · 0.27%
Metro Decor LLC OH$14.1M · 0.02%
Inno Pak, LLC OH$14.1M · 0.35%
World Tire Corporation OH$13.5M · 0.47%
R. S. Hanline & Co., Inc. OH$13.4M · 0.85%
American Interiors, Inc. OH$13.3M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341350022 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.