Plan Ledger DOL Form 5500 · updated monthly

Kiltie Corporation401(k)

BLOMQUIST COMPANIES PROFIT SHARING AND 401(K) PLAN · OAKDALE, MN · plan year 2022

Reported admin expense ratio · 2022
0.36%

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

Kiltie Corporation reported $44,325 in plan administrative expenses for 2022: 0.36% of average plan assets, above the peer median. Employer contributions averaged $8,307 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Minnesota (1,211th of 1,918), and the 2,335th of 5,215 in retail trade. In 2022, the employer put in $1.95 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$11,604,522
Participants with balances104
Active participants109
Employer contributions$905,461
Employee contributions$464,835
Employer contribution per active participant$8,307
Average account balance$111,582
Benefits paid to participants$349,423
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELEN & CO., LTD
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$44,325
Total administrative$44,325
The Kiltie Corporation 401(k) match · 2022
Employer contribution per active participant$8,307
Median for plans this size$2,266

Kiltie Corporation's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$44,325 · 0.36%
Similar plansRetail Trade · Minnesota
Fun.com, Inc. MN$12.3M · 0.42%
Twin Cities Co-Op Partners MN$12.3M · 0.63%
Valley Sales, Inc. MN$12.0M · 0.07%
Jnd Holdings, Inc. MN$11.5M · 0.56%
North Star Holdco, Inc. MN$11.1M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411616812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.