Plan Ledger DOL Form 5500 · updated monthly

Kmi Holdings, Inc401(k)

KMI HOLDINGS, INC. 401(K) PLAN · MAHAFFEY, PA · plan year 2023

Reported admin expense ratio · 2023
1.03%

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

Kmi Holdings, Inc reported $20,375 in plan administrative expenses for 2023: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,753 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 1 year on file its reported administrative ratio rose from 0.78% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Pennsylvania (3,321st of 3,651), and 720th of 786 in management of companies. In 2023, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,153,691
Participants with balances95
Active participants91
Employer contributions$159,519
Employee contributions$245,757
Employer contribution per active participant$1,753
Average account balance$22,670
Benefits paid to participants$339,538
Plan auditDisclaimer of opinion
AuditorHOLSINGER P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$2.2M · 95 accts · $160K emplr
2022$1.8M · 152 accts · $167K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$20,375
Total administrative$20,375
The Kmi Holdings, Inc 401(k) match · 2023
Employer contribution per active participant$1,753
Median for plans this size$1,308
2023$1,753 per active participant
2022$1,619 per active participant

Kmi Holdings, Inc's 2023 employer contribution ran above 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 · 20234
EDWARD D JONES & CO · Investment advisory (plan)$8,395
M2B RETIREMENT CONSULTING LLC · Contract administrator$4,273
EMPOWER ADVISORY GROUP, LLC · Investment management$459

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

Administrative cost history2
2023$20,375 · 1.03%
2022$14,719 · 0.78%
Similar plansManagement of Companies · Pennsylvania
Huntingdon Valley Bank PA$6.6M · 0.39%
Jpn Management, Inc. PA$3.5M · 1.01%
Byler Holdings, LLC PA$3.3M · 1.11%
Byler Holdings, LLC PA$2.3M · 0.91%
Frx Management Holdings PA$1.0M · 1.92%
Everest EB-5 Capital LLC PA$453K · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454098775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.