Plan Ledger DOL Form 5500 · updated monthly

Kith Retail LLC401(k)

KITH RETAIL LLC 401(K) PROFIT SHARING PLAN & TRUST · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
1.20%

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

Kith Retail LLC reported $21,020 in plan administrative expenses for 2024: 1.20% 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 1 year on file its reported administrative ratio fell from 2.20% to 1.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (5,128th of 5,648), and 2,865th of 3,341 in other services.

Plan summary
Net assets, end of year$1,994,723
Participants with balances135
Active participants725
Employer contributions$0
Employee contributions$502,936
Employer contribution per active participant$0
Average account balance$14,776
Benefits paid to participants$197,968
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.0M · 135 accts
2023$1.5M · 159 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,606
Investment management$3,414
Total administrative$21,020
The Kith Retail LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Kith Retail LLC'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,200

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

Administrative cost history2
2024$21,020 · 1.20%
2023$27,119 · 2.20%
Same employer
Similar plansOther Services · New York
Spca Serving Erie County NY$2.3M · 1.03%
Calzedonia USA, Inc. NY$2.1M · 3.49%
Yeshivat Darche Eres Inc NY$2.1M · 0.56%
The Buffalo Club NY$2.0M · 0.79%
Hope House, Inc. NY$1.9M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452241776 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.