Plan Ledger DOL Form 5500 · updated monthly

Kiss Nail Products, Inc.401(k)

KISS NAIL PRODUCTS 401(K) PLAN · PORT WASHINGTON, NY · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Kiss Nail Products, Inc. reported $203,496 in plan administrative expenses for 2024: 0.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,783 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 3 years on file its reported administrative ratio has held roughly steady near 0.40%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,255th-largest of 5,648 plans among New York employers on file, and the 714th of 4,246 in wholesale trade. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has shrunk from 524 to 394 since 2022.

Plan summary
Net assets, end of year$56,746,942
Participants with balances547
Active participants394
Employer contributions$1,884,334
Employee contributions$3,872,070
Employer contribution per active participant$4,783
Average account balance$103,742
Benefits paid to participants$3,359,468
Plan auditUnmodified (clean) audit opinion
AuditorBORIS BENIC & ASSOCIATES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$56.7M · 547 accts · $1.9M emplr
2023$44.6M · 462 accts · $1.7M emplr
2022$33.4M · 422 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,097
Investment management$40,901
Total administrative$203,496
The Kiss Nail Products, Inc. 401(k) match · 2024
Employer contribution per active participant$4,783
Median for plans this size$3,635
2024$4,783 per active participant
2023$2,822 per active participant
2022$2,684 per active participant

Kiss Nail Products, Inc.'s 2024 employer contribution ran above the $3,635 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
DLA PIPER LLP US · Legal$51,497
MORGAN STANLEY · Investment advisory (plan)$40,901

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$203,496 · 0.40%
2023$105,355 · 0.27%
2022$155,373 · 0.42%
Same employer
Similar plansWholesale Trade · New York
Shake-N-Go Fashion, Inc. NY$59.9M · 0.22%
Gbg USA Inc. NY$59.7M · 0.41%
McGard LLC NY$58.9M · 0.08%
Trammo, Inc NY$57.1M · 0.01%
Sid Harvey Industries, Inc. NY$49.0M · 0.02%
Empire Merchants North, LLC NY$48.5M · 0.20%
Gould Paper Corporation NY$48.0M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113072607 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.