Plan Ledger DOL Form 5500 · updated monthly

Kinplex Corporation401(k)

KINPLEX 401K PLAN · HAUPPAUGE, NY · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Kinplex Corporation reported $38,094 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $201 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 0.54% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (3,432nd of 5,648), and 8,255th of 13,661 in manufacturing. In 2024, employees put in $7.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,292,209
Participants with balances106
Active participants334
Employer contributions$67,158
Employee contributions$488,493
Employer contribution per active participant$201
Average account balance$106,530
Benefits paid to participants$682,697
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 106 accts · $67K emplr
2023$10.2M · 112 accts · $67K emplr
2022$9.7M · 113 accts · $68K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,080
Investment management$20,014
Total administrative$38,094
The Kinplex Corporation 401(k) match · 2024
Employer contribution per active participant$201
Median for plans this size$2,416
2024$201 per active participant
2023$198 per active participant
2022$201 per active participant

Kinplex Corporation's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
STONEHILL FIDCUCIARY MANAGEMENT · Recordkeeping · Trustee$20,013
ADP, INC. · Loan processing · Recordkeeping$18,080

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

Recordkeeper by year2
2024ADP, STONEHILL FIDCUCIARY MANAGEMENT
2023ADP, STONEHILL FIDCUCIARY MANAGEMENT

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$38,094 · 0.35%
2023$42,930 · 0.43%
2022$58,971 · 0.54%
Similar plansManufacturing · New York
Varflex Corporation NY$11.5M · 0.04%
Caf USA, Inc. NY$11.2M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112667922 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.