Plan Ledger DOL Form 5500 · updated monthly

Ki (USA) Corporation401(k)

KI(USA)CORPORATION 401(K)PLAN · BEREA, KY · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Ki (USA) Corporation reported $7,160 in plan administrative expenses for 2023: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,412 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 0.152%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Kentucky (624th of 871), and 3,578th of 4,246 in wholesale trade. In 2023, the employer put in $1.10 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,426,562
Participants with balances132
Active participants99
Employer contributions$238,774
Employee contributions$216,187
Employer contribution per active participant$2,412
Average account balance$41,110
Benefits paid to participants$731,181
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 133 accts · $248K emplr
2023$5.4M · 132 accts · $239K emplr
2022$5.0M · 126 accts · $219K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,160
Total administrative$7,160
The Ki (USA) Corporation 401(k) match · 2023
Employer contribution per active participant$2,412
Median for plans this size$1,308
2024$2,428 per active participant
2023$2,412 per active participant
2022$2,280 per active participant

Ki (USA) Corporation's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
MORGAN STANLEY INSURANCE SERVICES, · Insurance broker$14,474
BENEFITS ADMINISTRATORS LLC · Contract administrator · Other services$7,525

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$8,142 · 0.15%
2023$7,160 · 0.14%
2022$8,118 · 0.15%
Same employer
Similar plansWholesale Trade · Kentucky
Ross Acquisition Co. KY$6.4M · 0.74%
Zotefoams Inc. KY$6.2M · 0.07%
Valor LLC KY$5.7M · 1.01%
Brown Foodservice, Inc. KY$4.4M · 0.17%
Wiseway Inc. KY$4.4M · 0.02%
Clintwood Jod LLC KY$3.7M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611157235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.