Plan Ledger DOL Form 5500 · updated monthly

Kinetic Systems, Inc.401(k)

KINETIC SYSTEMS, INC. RETIREMENT SAVINGS PLAN · PLEASANTON, CA · plan year 2023

Reported admin expense ratio · 2023
0.29%

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

Kinetic Systems, Inc. reported $81,113 in plan administrative expenses for 2023: 0.29% of average plan assets, above the peer median. Employer contributions averaged $2,914 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 0.25% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 2,692nd-largest of 9,483 plans among California employers on file, and the 1,539th of 5,337 in construction. In 2023, employees put in $2.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,762,622
Participants with balances511
Active participants249
Employer contributions$725,591
Employee contributions$2,130,863
Employer contribution per active participant$2,914
Average account balance$58,244
Benefits paid to participants$3,655,747
Plan auditUnmodified (clean) audit opinion
AuditorFRANK, RIMERMAN & CO.,LLP
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$22.4M · 386 accts · $684K emplr
2023$29.8M · 511 accts · $726K emplr
2022$25.5M · 519 accts · $707K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$34,008
Investment management$36,000
Audit (IQPA)$10,000
Total administrative$81,113
The Kinetic Systems, Inc. 401(k) match · 2023
Employer contribution per active participant$2,914
Median for plans this size$2,440
2023$2,914 per active participant
2022$2,728 per active participant

Kinetic Systems, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$36,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$34,008
FRANK, RIMMERMAN + CO. LLP · Accounting / audit$10,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025Not separately reported
2024$75,880 · 0.29%
2023$81,113 · 0.29%
2022$72,191 · 0.25%
Same employer
Similar plansConstruction · California
Green Valley Corporation CA$31.0M · 0.05%
Mechanical Holdings, Inc. CA$30.8M · 0.02%
McH Electric, Inc. CA$30.1M · 0.01%
R.D.M. Electric Co., Inc. CA$29.5M · 0.33%
Largo Concrete, Inc. CA$29.2M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942229569 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.