Plan Ledger DOL Form 5500 · updated monthly

Kitchen Mart Inc401(k)

KITCHEN MART INC 401(K) PROFIT SHARING PLAN & TRUST · SACRAMENTO, CA · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Kitchen Mart Inc reported $48,114 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.94% to 1.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,979th of 9,483), and 9,774th of 11,654 in professional & technical services. active participation has shrunk from 110 to 86 since 2022.

Plan summary
Net assets, end of year$5,068,778
Participants with balances90
Active participants86
Employer contributions$0
Employee contributions$343,158
Employer contribution per active participant$0
Average account balance$56,320
Benefits paid to participants$127,227
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 90 accts
2023$4.4M · 107 accts · $1K emplr
2022$3.8M · 112 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,138
Investment management$29,116
Trustee / custodial$860
Total administrative$48,114
The Kitchen Mart Inc 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Kitchen Mart Inc's 2024 employer contribution ran below the $1,313 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
PAYCHEX, INC. · Recordkeeping$14,092
GASBER FINANCIAL ADVISORS · Investment advisory (participants)$29,116

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

Recordkeeper by year2
2024Paychex
2023GASBER FINANCIAL ADVISORS, Paychex

This plan has changed recordkeepers within these filings. If you left Kitchen Mart Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$48,114 · 1.01%
2023$42,226 · 1.03%
2022$36,999 · 0.94%
Similar plansProfessional & Technical Services · California
Truvian Sciences, Inc. CA$5.1M · 1.05%
Klientboost Performance CA$5.1M · 0.13%
Luster National Inc. CA$5.0M · 0.07%
Akraya Inc CA$5.0M · 0.38%
Kindersystems, Inc. CA$5.0M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680370529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.