Plan Ledger DOL Form 5500 · updated monthly

King Technologies, Inc.401(k)

KING TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

King Technologies, Inc. reported $63,387 in plan administrative expenses for 2024: 0.66% of average plan assets, above the peer median. Employer contributions averaged $5,876 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 3 years on file its reported administrative ratio has held roughly steady near 0.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,446th of 9,483), and 8,003rd of 11,654 in professional & technical services. In 2024, the employer put in $1.30 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$10,016,060
Participants with balances265
Active participants99
Employer contributions$581,743
Employee contributions$446,044
Employer contribution per active participant$5,876
Average account balance$37,796
Benefits paid to participants$1,165,504
Plan auditUnmodified (clean) audit opinion
AuditorGATTO, POPE & WALWICK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 265 accts · $582K emplr
2023$9.1M · 237 accts · $548K emplr
2022$8.5M · 231 accts · $732K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,387
Total administrative$63,387
The King Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$5,876
Median for plans this size$1,313
2024$5,876 per active participant
2023$5,954 per active participant
2022$8,048 per active participant

King Technologies, Inc.'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 · 20244
EMPOWER ADVISORY GROUP,LLC · Investment management$6,930
SAN DIEGO PENSION CONSULTANTS,INC. · Contract administrator$2,685
CENTAURUS FINANCIAL INC.indirect 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$63,387 · 0.66%
2023$57,311 · 0.65%
2022$56,097 · 0.67%
Similar plansProfessional & Technical Services · California
Intellipro Service Inc CA$10.1M · 1.18%
Landmark Global, Inc. CA$10.1M · 0.33%
Bond Creative, LLC. CA$10.1M · 0.65%
Kodiak Robotics, Inc. CA$10.0M · 0.01%
Tenaya Therapeutics, Inc. CA$10.0M · 0.36%
Srs Consulting, Inc CA$9.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930940931 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.