Plan Ledger DOL Form 5500 · updated monthly

Khs America, Inc.401(k)

KHS AMERICA, INC., 401(K) PROFIT SHARING PLAN & TRUST · MT. JULIET, TN · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Khs America, Inc. reported $40,877 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $2,054 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 0.462%. 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 Tennessee (873rd of 1,496), and 3,042nd of 4,246 in wholesale trade. In 2024, employees put in $2.50 for every $1.00 the employer contributed; active participation has grown from 92 to 104 since 2022.

Plan summary
Net assets, end of year$9,096,775
Participants with balances127
Active participants104
Employer contributions$213,665
Employee contributions$533,810
Employer contribution per active participant$2,054
Average account balance$71,628
Benefits paid to participants$1,124,352
Plan auditUnmodified (clean) audit opinion
AuditorMAXWELL LOCKE & RITTER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 127 accts · $214K emplr
2023$8.6M · 123 accts · $217K emplr
2022$6.9M · 110 accts · $215K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,877
Total administrative$40,877
The Khs America, Inc. 401(k) match · 2024
Employer contribution per active participant$2,054
Median for plans this size$1,313
2024$2,054 per active participant
2023$2,329 per active participant
2022$2,339 per active participant

Khs America, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
FIRST HORIZON ADVISORS INC · Investment advisory (plan)$30,380
ASCENSUS HOLDINGS INC DBA FUTUREPLA · Contract administrator$3,767

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$40,877 · 0.46%
2023$41,864 · 0.54%
2022$34,775 · 0.46%
Same employer
Similar plansWholesale Trade · Tennessee
Lee-Smith, Inc. TN$10.2M · 0.09%
Det Distributing Company TN$9.4M · 1.04%
Mta Distributors, Inc. TN$8.9M · 0.29%
The Reese Group, Inc. TN$8.6M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621647262 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.