Plan Ledger DOL Form 5500 · updated monthly

Kling Partners Inc.401(k)

KLING PARTNERS INC. RETIREMENT PLAN · CINCINATTI, OH · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Kling Partners Inc. reported $925 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $456 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,630th of 3,295), and 8,288th of 11,911 in health care & social assistance. In 2022, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,364,595
Participants with balances54
Active participants166
Employer contributions$75,743
Employee contributions$153,230
Employer contribution per active participant$456
Average account balance$80,826
Benefits paid to participants$151,963
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$925
Total administrative$925
The Kling Partners Inc. 401(k) match · 2022
Employer contribution per active participant$456
Median for plans this size$1,114

Kling Partners Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$925 · 0.02%
Similar plansHealth Care & Social Assistance · Ohio
Levering Management Inc. OH$4.4M · 0.38%
Hillandale Communities OH$4.3M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463363887 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.