Plan Ledger DOL Form 5500 · updated monthly

Keysource Acquisition, LLC401(k)

KEYSOURCE 401(K) PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Keysource Acquisition, LLC reported $69,709 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $3,168 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 2 years on file its reported administrative ratio fell from 0.94% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (1,994th of 3,295), and 2,927th of 4,246 in wholesale trade. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has grown from 135 to 152 since 2022.

Plan summary
Net assets, end of year$9,918,052
Participants with balances170
Active participants152
Employer contributions$481,480
Employee contributions$910,921
Employer contribution per active participant$3,168
Average account balance$58,341
Benefits paid to participants$620,953
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 170 accts · $481K emplr
2023$7.9M · 166 accts · $447K emplr
2022$6.0M · 164 accts · $435K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,928
Investment management$38,781
Total administrative$69,709
The Keysource Acquisition, LLC 401(k) match · 2024
Employer contribution per active participant$3,168
Median for plans this size$1,313
2024$3,168 per active participant
2023$2,796 per active participant
2022$3,225 per active participant

Keysource Acquisition, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
FIRST FINANCIAL BANK NA · Investment advisory (plan)$34,141

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

Administrative cost history3
2024$69,709 · 0.78%
2023$56,089 · 0.81%
2022$62,159 · 0.94%
Same employer
Similar plansWholesale Trade · Ohio
Media Source, Inc. OH$10.5M · 0.41%
Great Lakes Petroleum Co. OH$9.3M · 0.70%
Capital Tire, Inc. OH$9.2M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812071364 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.