Plan Ledger DOL Form 5500 · updated monthly

KIRT04, Inc.401(k)

KIRT04 PEO RETIREMENT PLAN · PUNTA GORDA, FL · plan year 2022

Reported admin expense ratio · 2022
0.97%

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

KIRT04, Inc. reported $12,959 in plan administrative expenses for 2022: 0.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $795 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Florida (3,266th of 3,644), and 2,987th of 3,341 in other services. In 2022, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,397,756
Participants with balances92
Active participants168
Employer contributions$133,486
Employee contributions$169,636
Employer contribution per active participant$795
Average account balance$15,193
Benefits paid to participants$49,737
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$11,830
Total administrative$12,959
The KIRT04, Inc. 401(k) match · 2022
Employer contribution per active participant$795
Median for plans this size$1,114

KIRT04, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$12,959 · 0.97%
Similar plansOther Services · Florida
Crown Linen, LLC FL$1.5M · 0.84%
Orlando Bathing Suit, LLC FL$1.5M · 0.10%
Springs Food Service LLC FL$1.2M · 1.55%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 451965930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.