Plan Ledger DOL Form 5500 · updated monthly

Kenyan Enterprises401(k)

KENYAN COMPANIES PROFIT SHARING & 401(K) PLAN · SPRINGHILL, LA · plan year 2021

Reported admin expense ratio · 2021
1.01%

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

Kenyan Enterprises reported $9,889 in plan administrative expenses for 2021: 1.01% of average plan assets, above the peer median. Employer contributions averaged $75 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 1 year on file its reported administrative ratio fell from 1.01% to 0.89%. The plan sits in the under $1M size bracket, benchmarked here against 93 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Louisiana (810th of 884), and 4,948th of 5,215 in retail trade. In 2021, employees put in $4.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,052,959
Participants with balances89
Active participants209
Employer contributions$15,700
Employee contributions$62,800
Employer contribution per active participant$75
Average account balance$11,831
Benefits paid to participants$77,681
Plan auditUnmodified (clean) audit opinion
AuditorHEARD, MCELROY AND VESTAL, LLC
Plan history2
Yearassets · accounts · employer contribution
2022$927K · 93 accts · $26K emplr
2021$1.1M · 89 accts · $16K emplr
The Kenyan Enterprises 401(k) match · 2021
Employer contribution per active participant$75
Median for plans this size$275
2022$123 per active participant
2021$75 per active participant

Kenyan Enterprises's 2021 employer contribution ran below the $275 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2022$8,791 · 0.89%
2021$9,889 · 1.01%
Similar plansRetail Trade · Louisiana
Kergan Brothers, Inc. LA$1.6M · 0.22%
Spoonbill Ventures, LLC LA$1.5M · 1.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720944267 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.