Plan Ledger DOL Form 5500 · updated monthly

Kenwood Dealer Group, Inc.401(k)

THE KENWOOD DEALER GROUP EMPLOYEE RETIREMENT PLAN · MASON, OH · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Kenwood Dealer Group, Inc. reported $102,824 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $1,231 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 fell from 0.20% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 585th-largest of 3,295 plans among Ohio employers on file, and the 583rd of 5,215 in retail trade. In 2024, employees put in $4.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,926,722
Participants with balances525
Active participants685
Employer contributions$843,099
Employee contributions$3,845,600
Employer contribution per active participant$1,231
Average account balance$110,337
Benefits paid to participants$5,452,391
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.9M · 525 accts · $843K emplr
2023$52.8M · 545 accts · $874K emplr
2022$45.6M · 553 accts · $906K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,724
Investment management$13,100
Total administrative$102,824
The Kenwood Dealer Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,231
Median for plans this size$3,635
2024$1,231 per active participant
2023$1,226 per active participant
2022$1,221 per active participant

Kenwood Dealer Group, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ADP, INC. · Loan processing · Recordkeeping$89,724
CLARK, SCHAEFER HACKETT & COMPANY · Recordkeeping · Pension consulting$13,100
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, CLARK, SCHAEFER HACKETT & COMPANY
2023ADP, CLARK, SCHAEFER HACKETT & COMPANY

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Administrative cost history3
2024$102,824 · 0.19%
2023$99,067 · 0.20%
2022$97,181 · 0.20%
Same employer
Similar plansRetail Trade · Ohio
Heinen's, Inc. OH$70.4M · 0.25%
Arhaus, LLC OH$68.3M · 0.28%
Germain Motor Company OH$59.7M · 0.62%
Fyda, Inc. OH$54.7M · 0.53%
Ken Ganley Companies OH$54.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311187343 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.