Plan Ledger DOL Form 5500 · updated monthly

Kml Law Group, P.C.401(k)

KML LAW GROUP, P.C. 401K PROFIT SHARING PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Kml Law Group, P.C. reported $41,692 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $2,486 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 0.41% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (2,316th of 3,651), and 8,082nd of 11,654 in professional & technical services. In 2024, employees put in $1.12 for every $1.00 the employer contributed; active participation has grown from 96 to 114 since 2022.

Plan summary
Net assets, end of year$9,713,435
Participants with balances175
Active participants114
Employer contributions$283,449
Employee contributions$316,496
Employer contribution per active participant$2,486
Average account balance$55,505
Benefits paid to participants$945,245
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 175 accts · $283K emplr
2023$8.9M · 176 accts · $399K emplr
2022$7.0M · 171 accts · $130K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,312
Total administrative$41,692
The Kml Law Group, P.C. 401(k) match · 2024
Employer contribution per active participant$2,486
Median for plans this size$1,313
2024$2,486 per active participant
2023$3,529 per active participant
2022$1,359 per active participant

Kml Law Group, P.C.'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
AXA ADVISORS LLC · Investment advisory (plan)$22,084
THE MANDMARBLESTONE GROUP LLC · Contract administrator$4,700

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$41,692 · 0.45%
2023$35,386 · 0.44%
2022$30,626 · 0.41%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Covis Pharma US, Inc. PA$10.3M · 0.65%
Pond Lehocky LLP PA$10.1M · 1.30%
The McS Group, Inc PA$9.9M · 0.11%
Getaways, Inc. PA$9.8M · 0.57%
Reaction Biology Corp PA$9.4M · 0.72%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232179697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.