Plan Ledger DOL Form 5500 · updated monthly

Kern, Inc.401(k)

KERN, INC. 401(K) PLAN · GROVE CITY, OH · plan year 2025

Reported admin expense ratio · 2025
0.44%

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

Kern, Inc. reported $59,494 in plan administrative expenses for 2025: 0.44% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,361 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 3 years on file its reported administrative ratio fell from 0.49% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,614th-largest of 3,295 plans among Ohio employers on file, and 6,620th of 11,654 in professional & technical services. In 2025, employees put in $4.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,773,656
Participants with balances173
Active participants137
Employer contributions$186,500
Employee contributions$753,822
Employer contribution per active participant$1,361
Average account balance$85,397
Benefits paid to participants$370,969
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHECK CPAS LLC
Plan history4
Yearassets · accounts · employer contribution
2025$14.8M · 173 accts · $187K emplr
2024$12.4M · 180 accts · $192K emplr
2023$10.7M · 175 accts · $190K emplr
2022$8.8M · 171 accts · $180K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$29,759
Investment management$29,735
Total administrative$59,494
The Kern, Inc. 401(k) match · 2025
Employer contribution per active participant$1,361
Median for plans this size$2,666
2025$1,361 per active participant
2024$1,340 per active participant
2023$1,341 per active participant
2022$1,284 per active participant

Kern, Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$20,323
THE PENSION DESIGN GROUP · Recordkeeping · Loan processing$9,436
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$29,736

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

Recordkeeper by year3
2025THE PENSION DESIGN GROUP, Transamerica
2024Transamerica
2023THE PENSION DESIGN GROUP, Transamerica

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Administrative cost history4
2025$59,494 · 0.44%
2024$51,936 · 0.45%
2023$48,348 · 0.50%
2022$45,986 · 0.49%
Same employer
Similar plansProfessional & Technical Services · Ohio
Basic Systems Inc OH$15.1M · 0.41%
Pease Bell Cpas, LLC OH$15.1M · 0.50%
The Adcom Group, Inc. OH$14.7M · 0.05%
Sigma Technologies, LTD OH$14.5M · 0.50%
Hart Associates, Inc. OH$14.4M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223538481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.