Plan Ledger DOL Form 5500 · updated monthly

Kipo, LLC401(k)

JOHNSTONE SUPPLY SAVINGS PLAN · HARAHAN, LA · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Kipo, LLC reported $67,211 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,400 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 rose from 0.56% to 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 414th-largest of 884 plans among Louisiana employers on file, and 2,841st of 4,246 in wholesale trade. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 141 to 166 since 2022.

Plan summary
Net assets, end of year$10,536,011
Participants with balances119
Active participants166
Employer contributions$398,366
Employee contributions$771,550
Employer contribution per active participant$2,400
Average account balance$88,538
Benefits paid to participants$1,449,214
Plan auditUnmodified (clean) audit opinion
AuditorKUSHNER LAGRAIZE, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 119 accts · $398K emplr
2023$9.5M · 118 accts · $394K emplr
2022$7.7M · 109 accts · $402K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,211
Total administrative$67,211
The Kipo, LLC 401(k) match · 2024
Employer contribution per active participant$2,400
Median for plans this size$2,416
2024$2,400 per active participant
2023$2,513 per active participant
2022$2,850 per active participant

Kipo, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$29,184
THE HASLAUER GROUP, INC. · Recordkeeping · Loan processing$3,214
WEALTHHARBOR CAPITAL GROUP · Investment advisory (plan)$34,814

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

Recordkeeper by year2
2024THE HASLAUER GROUP, INC., Transamerica
2023THE HASLAUER GROUP, INC., Transamerica

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

Administrative cost history3
2024$67,211 · 0.67%
2023$57,144 · 0.66%
2022$46,570 · 0.56%
Same employer
Similar plansWholesale Trade · Louisiana
Connector Specialists Inc LA$12.0M · 0.69%
Gaubert Oil Company, Inc. LA$11.0M · 0.26%
Hood Motor Company LA$8.3M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721012984 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.