Plan Ledger DOL Form 5500 · updated monthly

Kitestring Technical Services401(k)

KITESTRING TECHNICAL SERVICES 401(K) PLAN · BENTONVILLE, AR · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Kitestring Technical Services reported $54,233 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,926 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 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 213th-largest of 456 plans among Arkansas employers on file, and 7,662nd of 11,654 in professional & technical services. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves; active participation has shrunk from 126 to 86 since 2022.

Plan summary
Net assets, end of year$11,085,717
Participants with balances147
Active participants86
Employer contributions$681,601
Employee contributions$617,656
Employer contribution per active participant$7,926
Average account balance$75,413
Benefits paid to participants$1,836,890
Plan auditUnmodified (clean) audit opinion
AuditorGARRETY & ASSOCIATES LLC CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 147 accts · $682K emplr
2023$10.3M · 161 accts · $783K emplr
2022$8.1M · 162 accts · $758K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,233
Total administrative$54,233
The Kitestring Technical Services 401(k) match · 2024
Employer contribution per active participant$7,926
Median for plans this size$2,416
2024$7,926 per active participant
2023$7,907 per active participant
2022$6,015 per active participant

Kitestring Technical Services'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 · 20245
ARVEST ASSET MANAGEMENT · Investment advisory (plan)$19,597
PENSION PLANNING CONSULTANTS, INC · Contract administrator$6,219
ARVEST BANK · Investment advisory (plan)$4,717
GATEWAY PENSION SERVICES, LTD. · Contract administrator$2,609

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$54,233 · 0.51%
2023$43,745 · 0.48%
2022$42,211 · 0.48%
Same employer
Similar plansProfessional & Technical Services · Arkansas
Inuvo, Inc. AR$13.2M · 0.41%
Benchmark Group, Inc. AR$12.5M · 0.50%
Edafio Technologies, LLC AR$10.5M · 0.55%
Apptegy, Inc. AR$9.3M · 0.16%
The Markham Group LLC AR$7.0M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710817472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.