Plan Ledger DOL Form 5500 · updated monthly

Kimberlite CorporationESOP

KIMBERLITE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN · FRESNO, CA · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Kimberlite Corporation reported $2,610 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,179 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 0.007% to 0.009%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other administrative & support services employers. By assets it is the 2,398th-largest of 9,483 plans among California employers on file, and the 410th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$34,756,222
Participants with balances205
Active participants104
Employer contributions$1,682,592
Employee contributions—
Employer contribution per active participant$16,179
Average account balance$169,543
Benefits paid to participants$3,253,142
Plan auditUnmodified (clean) audit opinion
AuditorDRITSAS GROOM MCCORMICK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$31.0M · 210 accts · $2.0M emplr
2023$33.4M · 208 accts · $1.8M emplr
2022$34.8M · 205 accts · $1.7M emplr
Administrative expenses, itemized · 2022
Professional / advisory$2,610
Total administrative$2,610
Employer contributions to the Kimberlite Corporation plan · 2022
Employer contribution per active participant$16,179
Median for plans this size$2,266
2024$17,929 per active participant
2023$16,013 per active participant
2022$16,179 per active participant

Kimberlite 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 history3
2024$2,825 · 0.01%
2023$2,430 · 0.01%
2022$2,610 · 0.01%
Same employer
Similar plansAdministrative & Support Services · California
24 7.AI, Inc. CA$35.3M · 0.28%
Medpoint Management, Inc. CA$34.9M · 0.41%
Rfi Enterprises, Inc. CA$34.8M · 0.32%
Travcorp USA, Inc. CA$33.6M · 0.17%
Roth Staffing Companies, LP CA$29.6M · 0.55%
West Coast Arborists, Inc. CA$27.9M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770444505 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.