Plan Ledger DOL Form 5500 · updated monthly

Km Supermarkets, Inc.401(k)

KM SUPERMARKETS, INC. 401(K) PROFIT SHARING PLAN AND TRUST · WACONIA, MN · plan year 2023

Reported admin expense ratio · 2023
0.36%

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

Km Supermarkets, Inc. reported $28,791 in plan administrative expenses for 2023: 0.36% of average plan assets, below the peer median. Employer contributions averaged $770 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 rose from 0.33% to 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Minnesota (1,388th of 1,918), and 2,957th of 5,215 in retail trade. In 2023, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,396,937
Participants with balances113
Active participants135
Employer contributions$103,969
Employee contributions$243,628
Employer contribution per active participant$770
Average account balance$74,309
Benefits paid to participants$643,284
Plan auditUnmodified (clean) audit opinion
AuditorELLINGSON & ELLINGSON, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 105 accts · $99K emplr
2023$8.4M · 113 accts · $104K emplr
2022$7.6M · 109 accts · $102K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,791
Total administrative$28,791
The Km Supermarkets, Inc. 401(k) match · 2023
Employer contribution per active participant$770
Median for plans this size$1,308
2024$657 per active participant
2023$770 per active participant
2022$779 per active participant

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

Service providers · 20232
ALERUS FINANCIAL, N.A. · Recordkeeping · Custodial (securities)indirect comp
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (plan)$19,243

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$29,388 · 0.36%
2023$28,791 · 0.36%
2022$27,664 · 0.33%
Same employer
Similar plansRetail Trade · Minnesota
Saturn of St. Paul, Inc. MN$9.5M · 0.56%
Dennis Kirk, Inc. MN$9.4M · 0.22%
Fluid Interiors, LLC MN$8.0M · 0.04%
Linn Retail Centers, Inc. MN$7.9M · 0.71%
Lakewinds Natural Foods MN$7.6M · 0.50%
Leeann Chin, Inc. MN$7.2M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411574070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.