Plan Ledger DOL Form 5500 · updated monthly

Kirkwood Holdings, Inc.401(k)

KIRKWOOD HOLDINGS, INC. 401(K) PLAN · WILMINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Kirkwood Holdings, Inc. reported $23,423 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $570 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 1 year on file its reported administrative ratio fell from 0.12% to 0.10%. 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 the 1,117th-largest of 2,726 plans among Massachusetts employers on file, and the 5,040th of 13,661 in manufacturing. In 2024, employees put in $8.10 for every $1.00 the employer contributed; active participation has grown from 173 to 290 since 2022.

Plan summary
Net assets, end of year$25,631,332
Participants with balances258
Active participants290
Employer contributions$165,207
Employee contributions$1,338,335
Employer contribution per active participant$570
Average account balance$99,346
Benefits paid to participants$962,345
Plan auditUnmodified (clean) audit opinion
AuditorDAMIANO, BURK & NUTTALL, P.C
Plan history3
Yearassets · accounts · employer contribution
2024$25.6M · 258 accts · $165K emplr
2023$20.9M · 226 accts · $123K emplr
2022$17.9M · 209 accts · $127K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,423
Total administrative$23,423
The Kirkwood Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$570
Median for plans this size$2,416
2024$570 per active participant
2023$590 per active participant
2022$736 per active participant

Kirkwood Holdings, 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 · 20242
DAMIANO BURK NUTTALL PC · Accounting / audit$11,200
FUTUREPLAN C/O ASCENSUS · Other servicesindirect comp

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$23,423 · 0.10%
2023$22,667 · 0.12%
2022Not separately reported
Same employer
Similar plansManufacturing · Massachusetts
Wmg Services, LLC MA$26.7M · 0.40%
Hyde Group, Inc. MA$24.8M · 0.33%
Candlewick Press, Inc. MA$23.9M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201623537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.