Plan Ledger DOL Form 5500 · updated monthly

Kirkland's Inc401(k)

KIRKLAND'S, INC. RETIREMENT PLAN · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Kirkland's Inc reported $87,454 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $213 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 0.18% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 366th-largest of 1,496 plans among Tennessee employers on file, and the 898th of 5,215 in retail trade. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has grown from 2,877 to 4,791 since 2022.

Plan summary
Net assets, end of year$35,219,684
Participants with balances737
Active participants4,791
Employer contributions$1,018,238
Employee contributions$2,329,639
Employer contribution per active participant$213
Average account balance$47,788
Benefits paid to participants$3,192,965
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$35.2M · 737 accts · $1.0M emplr
2023$31.1M · 747 accts · $1.0M emplr
2022$26.4M · 713 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,419
Investment management$59,035
Total administrative$87,454
The Kirkland's Inc 401(k) match · 2024
Employer contribution per active participant$213
Median for plans this size$2,416
2024$213 per active participant
2023$358 per active participant
2022$374 per active participant

Kirkland's Inc'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 · 20243
CREATIVE PLANNING LLC · Investment advisory (plan)$37,691
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,419
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$21,344

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$87,454 · 0.26%
2023$48,848 · 0.17%
2022$54,664 · 0.18%
Same employer
Similar plansRetail Trade · Tennessee
Truckpro, LLC TN$54.4M · 0.14%
Farrell Calhoun, Inc. TN$27.6M · 0.01%
Tri Star Services, LLC TN$25.0M · 0.76%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 621287151 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.