Plan Ledger DOL Form 5500 · updated monthly

Kleinschmidt Associates, Inc.401(k)

KLEINSCHMIDT ASSOCIATES EMPLOYEES PROFIT SHARING PLAN AND TRUST · PITTSFIELD, ME · plan year 2025

Reported admin expense ratio · 2025
0.11%

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

Kleinschmidt Associates, Inc. reported $72,774 in plan administrative expenses for 2025: 0.11% of average plan assets, below the peer median. Employer contributions averaged $7,591 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 fell from 0.18% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other professional & technical services employers. By assets it is the 50th-largest of 354 plans among Maine employers on file, and the 2,058th of 11,654 in professional & technical services. In 2025, employees put in $1.50 for every $1.00 the employer contributed; active participation has shrunk from 229 to 199 since 2022.

Plan summary
Net assets, end of year$70,239,888
Participants with balances278
Active participants199
Employer contributions$1,510,627
Employee contributions$2,270,365
Employer contribution per active participant$7,591
Average account balance$252,661
Benefits paid to participants$6,180,747
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$70.2M · 278 accts · $1.5M emplr
2024$63.6M · 277 accts · $1.1M emplr
2023$55.3M · 272 accts · $807K emplr
2022$46.1M · 259 accts · $699K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$72,774
Total administrative$72,774
The Kleinschmidt Associates, Inc. 401(k) match · 2025
Employer contribution per active participant$7,591
Median for plans this size$4,093
2025$7,591 per active participant
2024$5,130 per active participant
2023$3,771 per active participant
2022$3,054 per active participant

Kleinschmidt Associates, Inc.'s 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
JOHN HANCOCK · Contract administrator · Recordkeeping$37,774
SENTINEL PENSION ADVISORS · Investment advisory (participants) · Investment advisory (plan)$35,000

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

Recordkeeper by year3
2025John Hancock
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$72,774 · 0.11%
2024$72,157 · 0.12%
2023$85,308 · 0.17%
2022$89,866 · 0.18%
Same employer
Similar plansProfessional & Technical Services · Maine
Baker Newman & Noyes, LLC ME$124.7M · 0.06%
Verrill Dana, LLP ME$89.1M · 0.06%
Wright-Pierce ME$76.9M · 0.18%
Ciee, Inc. ME$53.1M · 0.09%
Haley Ward ME$51.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010371466 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.