Plan Ledger DOL Form 5500 · updated monthly

Kinsale Holdings dba Validant401(k)

KINSALE HOLDINGS 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Kinsale Holdings dba Validant reported $49,419 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $10,981 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 0.33% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,883rd-largest of 9,483 plans among California employers on file, and the 4,457th of 11,654 in professional & technical services. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has shrunk from 237 to 133 since 2022.

Plan summary
Net assets, end of year$27,348,547
Participants with balances245
Active participants133
Employer contributions$1,460,462
Employee contributions$2,357,214
Employer contribution per active participant$10,981
Average account balance$111,627
Benefits paid to participants$3,182,356
Plan auditUnmodified (clean) audit opinion
AuditorSMITH BUNDAY BERMAN BRITTON, P.S.
Plan history3
Yearassets · accounts · employer contribution
2024$27.3M · 245 accts · $1.5M emplr
2023$23.2M · 269 accts · $1.6M emplr
2022$17.2M · 325 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,419
Total administrative$49,419
The Kinsale Holdings dba Validant 401(k) match · 2024
Employer contribution per active participant$10,981
Median for plans this size$2,416
2024$10,981 per active participant
2023$10,011 per active participant
2022$4,686 per active participant

Kinsale Holdings dba Validant's 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$49,419

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$49,419 · 0.20%
2023$28,408 · 0.14%
2022$56,314 · 0.33%
Same employer
Similar plansProfessional & Technical Services · California
Corelight, Inc. CA$27.5M · 0.00%
Moloco, Inc. CA$27.4M · 0.35%
Leighton Group, Inc. CA$27.4M · 0.36%
Placeworks, Inc. CA$27.4M · 0.23%
Stem, Inc. CA$27.2M · 0.24%
Xoriant Corporation CA$27.1M · 0.04%
NEO4J, Inc. CA$27.1M · 0.00%
Rrm Design Group CA$27.0M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202508375 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.