Plan Ledger DOL Form 5500 · updated monthly

Kkhc, Inc.401(k)

KK EMPLOYEES PROFIT SHARING 401(K) PLAN · MENOMINEE, MI · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Kkhc, Inc. reported $43,818 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $2,786 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 fell from 1.28% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Michigan (1,725th of 2,619), and 1,277th of 2,096 in real estate & leasing. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has grown from 129 to 159 since 2022.

Plan summary
Net assets, end of year$7,753,670
Participants with balances170
Active participants159
Employer contributions$443,020
Employee contributions$596,907
Employer contribution per active participant$2,786
Average account balance$45,610
Benefits paid to participants$549,869
Plan auditUnmodified (clean) audit opinion
AuditorHAWKINS ASH CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 170 accts · $443K emplr
2023$6.5M · 151 accts · $364K emplr
2022$5.7M · 141 accts · $332K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,818
Total administrative$43,818
The Kkhc, Inc. 401(k) match · 2024
Employer contribution per active participant$2,786
Median for plans this size$1,313
2024$2,786 per active participant
2023$2,598 per active participant
2022$2,575 per active participant

Kkhc, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
KERBERROSE WEALTH · Investment advisory (plan)$35,383
BLUE CHIP RETIREMENT PLANS, INC.$3,825

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$43,818 · 0.61%
2023$52,573 · 0.86%
2022$81,807 · 1.28%
Similar plansReal Estate & Leasing · Michigan
Eenhoorn LLC MI$7.0M · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205236515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.