Plan Ledger DOL Form 5500 · updated monthly

Kfk Group, Inc.401(k)

KFK GROUP/SRG 401(K) RETIREMENT PLAN · NEW ORLEANS, LA · plan year 2023

Reported admin expense ratio · 2023
1.70%

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

Kfk Group, Inc. reported $32,427 in plan administrative expenses for 2023: 1.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $90 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 rose from 1.42% to 2.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Louisiana (759th of 884), and 1,853rd of 2,096 in real estate & leasing. In 2023, employees put in $6.62 for every $1.00 the employer contributed; active participation has grown from 319 to 363 since 2022.

Plan summary
Net assets, end of year$2,016,751
Participants with balances411
Active participants363
Employer contributions$32,549
Employee contributions$215,513
Employer contribution per active participant$90
Average account balance$4,907
Benefits paid to participants$318,232
Plan auditUnmodified (clean) audit opinion
AuditorKUSHNER LAGRAIZE
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 259 accts · $24K emplr
2023$2.0M · 411 accts · $33K emplr
2022$1.8M · 422 accts · $42K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,907
Investment management$9,520
Total administrative$32,427
The Kfk Group, Inc. 401(k) match · 2023
Employer contribution per active participant$90
Median for plans this size$1,308
2024$64 per active participant
2023$90 per active participant
2022$131 per active participant

Kfk Group, Inc.'s 2023 employer contribution ran below the $1,308 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$3,050
RAYMOND JAMES FSA 338 · Investment advisory (participants)$9,520

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$44,822 · 2.46%
2023$32,427 · 1.70%
2022$29,121 · 1.42%
Similar plansReal Estate & Leasing · Louisiana
Trend Services, Inc. LA$3.7M · 0.67%
Sunquest Properties, Inc LA$125K · 1.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841703359 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.