Plan Ledger DOL Form 5500 · updated monthly

Kinsale Management, Inc.401(k)

KINSALE MANAGEMENT, INC. 401(K) PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Kinsale Management, Inc. reported $4,930 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,218 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 0.015% to 0.008%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 379th-largest of 2,266 plans among Virginia employers on file, and the 1,306th of 4,798 in finance & insurance. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has grown from 466 to 680 since 2022.

Plan summary
Net assets, end of year$69,547,775
Participants with balances877
Active participants680
Employer contributions$4,908,071
Employee contributions$6,507,822
Employer contribution per active participant$7,218
Average account balance$79,302
Benefits paid to participants$2,510,245
Plan auditUnmodified (clean) audit opinion
AuditorKEITER
Plan history3
Yearassets · accounts · employer contribution
2024$69.5M · 877 accts · $4.9M emplr
2023$51.5M · 745 accts · $3.8M emplr
2022$36.7M · 646 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,350
Investment management$3,580
Total administrative$4,930
The Kinsale Management, Inc. 401(k) match · 2024
Employer contribution per active participant$7,218
Median for plans this size$3,635
2024$7,218 per active participant
2023$6,620 per active participant
2022$6,447 per active participant

Kinsale Management, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$5,205
CHARLES SCHWAB & CO., INC. · Securities brokerage$2

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$4,930 · 0.01%
2023$3,736 · 0.01%
2022$5,579 · 0.01%
Same employer
Similar plansFinance & Insurance · Virginia
Virginia Credit Union, Inc. VA$108.9M · 0.08%
Intrafi Network LLC VA$78.3M · 0.21%
Capital Impact Partners VA$69.9M · 0.06%
Citizens and Farmers Bank VA$68.5M · 0.57%
Strategic Alpha Inc. VA$68.1M · 0.01%
Burke & Herbert Bank VA$67.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900492124 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.