Plan Ledger DOL Form 5500 · updated monthly

King Kullen Grocery Co., Inc.401(k)

KING KULLEN 401 (K) SAVINGS AND INVESTMENT PLAN · HAUPPAUGE, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

King Kullen Grocery Co., Inc. reported $6,598 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,264 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 0.02% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 1,303rd-largest of 5,648 plans among New York employers on file, and the 623rd of 5,215 in retail trade. In 2024, employees put in $3.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,517,971
Participants with balances265
Active participants179
Employer contributions$405,187
Employee contributions$1,543,985
Employer contribution per active participant$2,264
Average account balance$201,955
Benefits paid to participants$5,977,557
Plan auditUnmodified (clean) audit opinion
AuditorDANNIBLE& MCKEE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$53.5M · 265 accts · $405K emplr
2023$51.7M · 263 accts · $386K emplr
2022$40.9M · 266 accts · $562K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,598
Total administrative$6,598
The King Kullen Grocery Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,264
Median for plans this size$3,635
2024$2,264 per active participant
2023$1,989 per active participant
2022$2,882 per active participant

King Kullen Grocery Co., 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
PKS FINANCAIL SERVICESindirect comp

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$6,598 · 0.01%
2023$6,087 · 0.01%
2022$6,119 · 0.02%
All plans at this employer2
KING KULLEN EMPLOYEE STOCK OWNERSHIP PLANESOP
KING KULLEN 401 (K) SAVINGS AND INVESTMENT PLAN401(k)
Same employer
Similar plansRetail Trade · New York
Cole Haan LLC NY$68.3M · 0.07%
Rallye Motors, LLC NY$66.0M · 0.02%
Zara USA, Inc. NY$52.8M · 0.52%
Basil Management Group LLC NY$51.3M · 0.26%
Hugo Boss USA NY$51.2M · 0.19%
Bob Johnson Chevrolet NY$50.9M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 110954404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.