Plan Ledger DOL Form 5500 · updated monthly

Kiwanis International401(k)

KIWANIS INTERNATIONAL 401(K) PLAN · INDIANAPOLIS, IN · plan year 2022

Reported admin expense ratio · 2022
0.23%

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

Kiwanis International reported $40,860 in plan administrative expenses for 2022: 0.23% of average plan assets, below the peer median. Employer contributions averaged $3,169 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 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other other services employers. By assets it is the 653rd-largest of 1,562 plans among Indiana employers on file, and the 1,195th of 3,341 in other services. In 2022, employees put in $2.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,757,917
Participants with balances137
Active participants100
Employer contributions$316,902
Employee contributions$778,210
Employer contribution per active participant$3,169
Average account balance$122,321
Benefits paid to participants$2,472,917
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 123 accts · $307K emplr
2023$15.5M · 130 accts · $316K emplr
2022$16.8M · 137 accts · $317K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$40,860
Total administrative$40,860
The Kiwanis International 401(k) match · 2022
Employer contribution per active participant$3,169
Median for plans this size$2,266
2024$3,231 per active participant
2023$3,327 per active participant
2022$3,169 per active participant

Kiwanis International's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$37,992 · 0.24%
2023$36,963 · 0.23%
2022$40,860 · 0.23%
Same employer
Similar plansOther Services · Indiana
Crew Carwash, Inc. IN$19.5M · 0.30%
Oscar Winski Company, Inc. IN$19.3M · 0.44%
Wildman Business Group, LLC IN$18.2M · 0.72%
Our Sunday Visitor, Inc. IN$16.3M · 0.27%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 361327510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.