Plan Ledger DOL Form 5500 · updated monthly

Kitu Life Inc401(k)

SUPER COFFEE 401(K) PLAN · AUSTIN, TX · plan year 2023

Reported admin expense ratio · 2023
0.32%

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

Kitu Life Inc reported $4,929 in plan administrative expenses for 2023: 0.32% of average plan assets, below the peer median. Employer contributions averaged $559 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 0.41% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (5,022nd of 5,688), and 12,960th of 13,661 in manufacturing. In 2023, employees put in $14.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,708,354
Participants with balances96
Active participants50
Employer contributions$27,946
Employee contributions$403,207
Employer contribution per active participant$559
Average account balance$17,795
Benefits paid to participants$529,532
Plan auditUnmodified (clean) audit opinion
AuditorGREEN HASSON AND JANKS LLP
Plan history2
Yearassets · accounts · employer contribution
2023$1.7M · 96 accts · $28K emplr
2022$1.4M · 153 accts · $38K emplr
Administrative expenses, itemized · 2023
Investment management$4,929
Total administrative$4,929
The Kitu Life Inc 401(k) match · 2023
Employer contribution per active participant$559
Median for plans this size$1,308
2023$559 per active participant
2022$365 per active participant

Kitu Life Inc's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$4,929 · 0.32%
2022$5,306 · 0.41%
Similar plansManufacturing · Texas
Microvast Inc TX$1.8M · 0.52%
Samsill Corporation TX$1.8M · 1.34%
S & S Industries Inc TX$1.7M · 0.59%
Wine Retriever LLC TX$1.7M · 0.14%
Allied Equipment, Inc. TX$1.6M · 1.07%
Hiller Measurements, Inc. TX$1.6M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473563872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.