Plan Ledger DOL Form 5500 · updated monthly

Kevin Downes Tree Service Company, Inc.401(k)

KEVIN DOWNES TREE SERVICE 401(K) PROFIT SHARING PLAN · HAWTHORNE, NJ · plan year 2022

Reported admin expense ratio · 2022
0.69%

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

Kevin Downes Tree Service Company, Inc. reported $30,005 in plan administrative expenses for 2022: 0.69% of average plan assets, above the peer median. Employer contributions averaged $1,451 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New Jersey (1,950th of 2,419), and 1,540th of 2,534 in administrative & support services. In 2022, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,246,539
Participants with balances71
Active participants132
Employer contributions$191,491
Employee contributions$367,913
Employer contribution per active participant$1,451
Average account balance$59,810
Benefits paid to participants$50,830
Plan auditUnmodified (clean) audit opinion
AuditorKRS CPAS, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,271
Investment management$20,734
Total administrative$30,005
The Kevin Downes Tree Service Company, Inc. 401(k) match · 2022
Employer contribution per active participant$1,451
Median for plans this size$1,114

Kevin Downes Tree Service Company, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$30,005 · 0.69%
Similar plansAdministrative & Support Services · New Jersey
Caduceus, Inc. NJ$4.9M · 0.48%
Nutra-Med Packaging, LLC NJ$4.5M · 1.22%
Rsm Maintenance, LLC NJ$3.8M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222628132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.