Plan Ledger DOL Form 5500 · updated monthly

Kentucky Rebuild Corporation401(k)

KENTUCKY REBUILD CORPORATION 401(K) PROFIT SHARING PLAN · INDEPENDENCE, KY · plan year 2023

Reported admin expense ratio · 2023
0.56%

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

Kentucky Rebuild Corporation reported $40,356 in plan administrative expenses for 2023: 0.56% of average plan assets, above the peer median. Employer contributions averaged $3,301 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 4 years on file its reported administrative ratio fell from 0.88% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kentucky (542nd of 871), and 9,721st of 13,661 in manufacturing. In 2023, employees put in $1.51 for every $1.00 the employer contributed; active participation has grown from 73 to 106 since 2020.

Plan summary
Net assets, end of year$7,901,636
Participants with balances140
Active participants106
Employer contributions$349,886
Employee contributions$530,066
Employer contribution per active participant$3,301
Average account balance$56,440
Benefits paid to participants$773,641
Plan auditUnmodified (clean) audit opinion
AuditorALEXANDER & WILLIAMS PLLC
Plan history4
Yearassets · accounts · employer contribution
2024$7.8M · 118 accts · $7K emplr
2023$7.9M · 140 accts · $350K emplr
2022$6.6M · 152 accts · $289K emplr
2020$5.8M · 120 accts · $221K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$40,356
Total administrative$40,356
The Kentucky Rebuild Corporation 401(k) match · 2023
Employer contribution per active participant$3,301
Median for plans this size$1,308
2024$79 per active participant
2023$3,301 per active participant
2022$2,677 per active participant
2020$3,031 per active participant

Kentucky Rebuild Corporation's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MCF ADVISORS LLC · Investment advisory (plan)$32,618
ASCENSUS HOLDINGS DBA FUTUREPLAN · Contract administrator$8,847

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2024$63,883 · 0.81%
2023$40,356 · 0.56%
2022$35,272 · 0.52%
2020$47,514 · 0.88%
Similar plansManufacturing · Kentucky
Bando USA, Inc. KY$8.1M · 0.51%
Whitworth Tool, Inc. KY$7.8M · 0.69%
Hausner Hard Chrome, Inc. KY$7.8M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611169573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.