Plan Ledger DOL Form 5500 · updated monthly

Kevane Grant Thornton, LLP401(k)

KEVANE GRANT THORNTON RETIREMENT PLAN · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Kevane Grant Thornton, LLP reported $12,696 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,096 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 has held roughly steady near 0.095%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 95th-largest of 323 plans among PR employers on file, and 6,682nd of 11,654 in professional & technical services. In 2024, employees put in $4.63 for every $1.00 the employer contributed; active participation has grown from 138 to 170 since 2022.

Plan summary
Net assets, end of year$14,566,034
Participants with balances221
Active participants170
Employer contributions$186,390
Employee contributions$862,153
Employer contribution per active participant$1,096
Average account balance$65,910
Benefits paid to participants$100,732
Plan auditUnmodified (clean) audit opinion
AuditorRODRIGUEZ, RIVERA, & TORO P.S.C.
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 221 accts · $186K emplr
2023$12.2M · 200 accts · $170K emplr
2022$9.8M · 179 accts · $152K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,696
Total administrative$12,696
The Kevane Grant Thornton, LLP 401(k) match · 2024
Employer contribution per active participant$1,096
Median for plans this size$2,416
2024$1,096 per active participant
2023$1,098 per active participant
2022$1,103 per active participant

Kevane Grant Thornton, LLP's 2024 employer contribution ran below the $2,416 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 · 20244
NATIONWIDE · Contract administrator · Recordkeeping$2,848
PROACCOUNT · Investment advisory (participants)$12,328
PENSION SERVICES, INC. · Contract administrator$225
INVESTMENT PLANNERS, INC. · Investment advisory (plan)indirect 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
2024Nationwide
2023Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$12,696 · 0.09%
2023Not separately reported
2022$9,664 · 0.09%
Same employer
Similar plansProfessional & Technical Services · PR
Csa Central, Inc. PR$17.9M · 0.47%
Gea Caribbean Export, LLC PR$17.4M · 0.41%
Dorado Health, Inc. PR$15.2M · 0.64%
Nypro Puerto Rico, Inc. PR$12.0M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660563256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.