Plan Ledger DOL Form 5500 · updated monthly

King Retail Solutions401(k)

KING RETAIL SOLUTIONS 401(K) PLAN · EUGENE, OR · plan year 2023

Reported admin expense ratio · 2023
0.90%

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

King Retail Solutions reported $46,329 in plan administrative expenses for 2023: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $924 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 1 year on file its reported administrative ratio rose from 0.68% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Oregon (719th of 1,021), and 10,820th of 13,661 in manufacturing. In 2023, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,760,335
Participants with balances83
Active participants104
Employer contributions$96,062
Employee contributions$221,486
Employer contribution per active participant$924
Average account balance$69,402
Benefits paid to participants$505,892
Plan auditUnmodified (clean) audit opinion
AuditorJARRARD, SEIBERT, POLLARD & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$5.8M · 83 accts · $96K emplr
2022$4.6M · 156 accts · $102K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,727
Investment management$27,602
Total administrative$46,329
The King Retail Solutions 401(k) match · 2023
Employer contribution per active participant$924
Median for plans this size$1,308
2023$924 per active participant
2022$1,119 per active participant

King Retail Solutions's 2023 employer contribution ran below the $1,308 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
SPECTRUM PENSION CONSULTANTS, INC. · Claims processing · Contract administrator$10,305
PROFESSIONAL CAPITAL SERVICES · Recordkeeping$8,423
SLOY, DAHL & HOLST, INC.$27,602

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

Administrative cost history2
2023$46,329 · 0.90%
2022$39,765 · 0.68%
Same employer
Similar plansManufacturing · Oregon
Evans Components Inc OR$6.3M · 0.81%
Oregon Brewing Company OR$5.9M · 0.37%
Bowtech, LLC OR$5.7M · 0.46%
Full Sail Brewing Company OR$5.7M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931139529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.