Plan Ledger DOL Form 5500 · updated monthly

Kerusso Activewear, Inc.401(k)

THE KERUSSO 401(K) PLAN · BERRYVILLE, AR · plan year 2023

Reported admin expense ratio · 2023
0.67%

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

Kerusso Activewear, Inc. reported $21,787 in plan administrative expenses for 2023: 0.67% of average plan assets, above the peer median. Employer contributions averaged $1,047 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 0.77% to 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Arkansas (357th of 456), and 3,859th of 4,246 in wholesale trade. In 2023, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,543,237
Participants with balances60
Active participants102
Employer contributions$106,810
Employee contributions$202,002
Employer contribution per active participant$1,047
Average account balance$59,054
Benefits paid to participants$196,322
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$3.5M · 60 accts · $107K emplr
2022$3.0M · 62 accts · $101K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,234
Investment management$3,074
Trustee / custodial$400
Total administrative$21,787
The Kerusso Activewear, Inc. 401(k) match · 2023
Employer contribution per active participant$1,047
Median for plans this size$1,308
2023$1,047 per active participant
2022$887 per active participant

Kerusso Activewear, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size. 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 · 20231
BOKF,NA · Investment management · Trustee (directed)$22,187

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

Administrative cost history2
2023$21,787 · 0.67%
2022$24,576 · 0.77%
Same employer
Similar plansWholesale Trade · Arkansas
Welsco, Inc. AR$9.8M · 0.35%
Treecon Resources, Inc. TX$3.6M · 0.08%
Usgb, LLC TX$3.6M · 0.08%
Corliss Resources, Inc. WA$3.6M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710697019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.