Plan Ledger DOL Form 5500 · updated monthly

Kinetic Advantage, LLC401(k)

KINETIC ADVANTAGE 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Kinetic Advantage, LLC reported $58,274 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,859 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 0.65% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Indiana (1,029th of 1,562), and 3,501st of 5,337 in construction. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has shrunk from 250 to 199 since 2022.

Plan summary
Net assets, end of year$7,396,717
Participants with balances154
Active participants199
Employer contributions$568,908
Employee contributions$1,145,045
Employer contribution per active participant$2,859
Average account balance$48,031
Benefits paid to participants$652,098
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 154 accts · $569K emplr
2023$5.5M · 164 accts · $574K emplr
2022$3.4M · 155 accts · $536K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,016
Investment management$39,400
Trustee / custodial$1,858
Total administrative$58,274
The Kinetic Advantage, LLC 401(k) match · 2024
Employer contribution per active participant$2,859
Median for plans this size$1,313
2024$2,859 per active participant
2023$2,573 per active participant
2022$2,145 per active participant

Kinetic Advantage, LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
INVST · Investment advisory (plan)$39,400
AMERITAS LIFE INSURANCE CORP · Contract administrator$17,016
CAHRLES SCHWAB BANK · Custodial (securities)$1,858

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$58,274 · 0.91%
2023$27,886 · 0.63%
2022$18,762 · 0.65%
Same employer
Similar plansConstruction · Indiana
Gemco Constructors, LLC IN$8.6M · 0.10%
Jack Laurie Floors, LLC IN$8.3M · 0.43%
Inpwr, Inc. IN$5.9M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851409684 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.