Plan Ledger DOL Form 5500 · updated monthly

Keyimpact Sales & Systems, Inc.401(k)

KEYIMPACT SALES & SYSTEMS, INC. 401(K) PLAN · ODENTON, MD · plan year 2023

Reported admin expense ratio · 2023
0.35%

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

Keyimpact Sales & Systems, Inc. reported $153,539 in plan administrative expenses for 2023: 0.35% of average plan assets, above the peer median. Employer contributions averaged $715 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 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 335th-largest of 1,671 plans among Maryland employers on file, and the 864th of 4,246 in wholesale trade. In 2023, employees put in $7.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,646,028
Participants with balances707
Active participants517
Employer contributions$369,739
Employee contributions$2,954,357
Employer contribution per active participant$715
Average account balance$67,392
Benefits paid to participants$2,195,615
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$45.8M · 992 accts · $593K emplr
2023$47.6M · 707 accts · $370K emplr
2022$39.9M · 715 accts · $355K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$102,574
Investment management$50,965
Total administrative$153,539
The Keyimpact Sales & Systems, Inc. 401(k) match · 2023
Employer contribution per active participant$715
Median for plans this size$2,440
2024$729 per active participant
2023$715 per active participant
2022$672 per active participant

Keyimpact Sales & Systems, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ASCENSUS LLC · Loan processing · Recordkeeping$102,574
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$49,084

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$175,919 · 0.38%
2023$153,539 · 0.35%
2022$161,844 · 0.36%
Same employer
Similar plansWholesale Trade · Maryland
Pandora Jewelry LLC MD$61.7M · 0.17%
Class Produce Group, LLC MD$50.9M · 0.15%
Thos Somerville Co MD$45.4M · 0.11%
Shepherd Electric Co., Inc. MD$44.3M · 0.06%
Beretta U.S.A. Corporation MD$43.9M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521272211 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.