Plan Ledger DOL Form 5500 · updated monthly

Kismet Peo, LLC401(k)

KISMET PEO 401(K) PLAN · SHARON, PA · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Kismet Peo, LLC reported $50,136 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $4,365 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 0.50% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Pennsylvania (1,957th of 3,651), and 3,617th of 4,798 in finance & insurance. In 2024, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,819,149
Participants with balances139
Active participants131
Employer contributions$571,767
Employee contributions$816,753
Employer contribution per active participant$4,365
Average account balance$99,418
Benefits paid to participants$1,276,550
Plan auditUnmodified (clean) audit opinion
AuditorGROSSMAN YANAK & FORD LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 139 accts · $572K emplr
2023$11.9M · 145 accts · $499K emplr
2022$10.3M · 128 accts · $642K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,167
Investment management$24,777
Trustee / custodial$6,192
Total administrative$50,136
The Kismet Peo, LLC 401(k) match · 2024
Employer contribution per active participant$4,365
Median for plans this size$2,416
2024$4,365 per active participant
2023$3,645 per active participant
2022$4,975 per active participant

Kismet Peo, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$19,167
BKS FINANCIAL INVESTMENTS · Investment advisory (participants) · Investment advisory (plan)$24,777
NEWPORT TRUST COMPANY · Trustee · Trustee (directed)$6,192

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$50,136 · 0.39%
2023$43,709 · 0.39%
2022$53,050 · 0.50%
Similar plansFinance & Insurance · Pennsylvania
The Juniata Valley Bank PA$15.2M · 0.02%
Reliance Savings Bank PA$14.6M · 0.03%
Widget Federal Credit Union PA$14.5M · 0.02%
Allied Mortgage Group, Inc. PA$13.2M · 0.48%
R&Q Solutions PA$13.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841889244 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.