Plan Ledger DOL Form 5500 · updated monthly

Key Construction, Inc.401(k)

KEY CONSTRUCTION, INC. 401(K) PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Key Construction, Inc. reported $82,169 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,355 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 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 311th-largest of 828 plans among Kansas employers on file, and the 2,106th of 5,337 in construction. In 2024, employees put in $3.92 for every $1.00 the employer contributed; active participation has grown from 147 to 185 since 2022.

Plan summary
Net assets, end of year$18,908,983
Participants with balances220
Active participants185
Employer contributions$435,721
Employee contributions$1,706,397
Employer contribution per active participant$2,355
Average account balance$85,950
Benefits paid to participants$2,223,376
Plan auditUnmodified (clean) audit opinion
AuditorALLEN, GIBBS & HOULIK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.9M · 220 accts · $436K emplr
2023$16.4M · 186 accts · $304K emplr
2022$13.4M · 173 accts · $246K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,628
Investment management$248
Total administrative$82,169
The Key Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$2,355
Median for plans this size$2,416
2024$2,355 per active participant
2023$1,830 per active participant
2022$1,674 per active participant

Key Construction, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
INTRUST BANK, N.A. · Recordkeeping · Trustee (discretionary)$85,169

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

Recordkeeper by year2
2024INTRUST BANK, N.A.
2023INTRUST BANK, N.A.

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Administrative cost history3
2024$82,169 · 0.47%
2023$68,368 · 0.46%
2022$66,895 · 0.46%
Same employer
Similar plansConstruction · Kansas
Hutton Corporation KS$25.0M · 0.43%
Geiger Ready-Mix Co., Inc. KS$24.4M · 0.32%
The Law Company, Inc. KS$15.6M · 0.00%
Conco Incorporated KS$14.8M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481038581 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.