Plan Ledger DOL Form 5500 · updated monthly

Khor Buyer401(k)

KHOR BUYER 401(K) PROFIT SHARING PLAN & TRUST · GROVEPORT, OH · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Khor Buyer reported $20,124 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $2,398 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 1 year on file its reported administrative ratio fell from 0.60% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,235th-largest of 3,295 plans among Ohio employers on file, and the 1,750th of 4,246 in wholesale trade. In 2024, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,011,087
Participants with balances431
Active participants413
Employer contributions$990,247
Employee contributions$2,382,042
Employer contribution per active participant$2,398
Average account balance$51,070
Benefits paid to participants$4,728,042
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$22.0M · 431 accts · $990K emplr
2023$6.1M · 205 accts · $124K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,124
Total administrative$20,124
The Khor Buyer 401(k) match · 2024
Employer contribution per active participant$2,398
Median for plans this size$2,416
2024$2,398 per active participant
2023$327 per active participant

Khor Buyer'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 · 20242
PAYCHEX, INC. · Recordkeeping$14,319
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$5,805

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

Recordkeeper by year2
2024Paychex
2023Morgan Stanley, Paychex

This plan has changed recordkeepers within these filings. If you left Khor Buyer before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$20,124 · 0.14%
2023$31,435 · 0.60%
Similar plansWholesale Trade · Ohio
The Loeb Electric Company OH$22.8M · 0.23%
Kennfeld Group LLC OH$22.7M · 0.61%
Benjamin Steel Company OH$22.5M · 0.04%
Ranpak Corp. OH$22.4M · 0.30%
Modern Office Methods, Inc. OH$21.9M · 0.41%
Huffy Holdings Inc. OH$20.6M · 0.28%
Bgr, Inc. OH$20.5M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871303773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.