Plan Ledger DOL Form 5500 · updated monthly

Kind, Inc.401(k)

KIND, INC. RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Kind, Inc. reported $116,603 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $2,919 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 fell from 0.30% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,150th-largest of 5,648 plans among New York employers on file, and the 2,659th of 13,661 in manufacturing. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 1,186 to 1,340 since 2022.

Plan summary
Net assets, end of year$63,504,885
Participants with balances1,416
Active participants1,340
Employer contributions$3,911,480
Employee contributions$6,908,812
Employer contribution per active participant$2,919
Average account balance$44,848
Benefits paid to participants$6,400,986
Plan auditUnmodified (clean) audit opinion
AuditorFIONDELLA, MILONE & LASARACINA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$63.5M · 1,416 accts · $3.9M emplr
2023$50.7M · 1,336 accts · $3.6M emplr
2022$36.1M · 1,235 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,493
Investment management$40,110
Total administrative$116,603
The Kind, Inc. 401(k) match · 2024
Employer contribution per active participant$2,919
Median for plans this size$3,635
2024$2,919 per active participant
2023$3,366 per active participant
2022$2,451 per active participant

Kind, Inc.'s 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$76,561
5TH STREET ADVISORS LLC · Investment advisory (plan)$40,000

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$116,603 · 0.20%
2023$118,679 · 0.27%
2022$110,122 · 0.30%
Similar plansManufacturing · New York
Kawasaki Rail Car, Inc. NY$64.3M · 0.25%
Millwork Holdings Co., Inc. NY$62.3M · 0.06%
Unither US Corp NY$61.7M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133766029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.