Plan Ledger DOL Form 5500 · updated monthly

Kmw Group, Inc.401(k)

KMW GROUP, INC. PROFIT-SHARING AND RETIREMENT SAVINGS PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Kmw Group, Inc. reported $76,469 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $11,653 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 fell from 0.35% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 765th-largest of 2,619 plans among Michigan employers on file, and the 1,314th of 4,246 in wholesale trade. In 2024, the employer put in $1.72 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$31,143,076
Participants with balances210
Active participants157
Employer contributions$1,829,518
Employee contributions$1,061,961
Employer contribution per active participant$11,653
Average account balance$148,300
Benefits paid to participants$4,679,261
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.1M · 210 accts · $1.8M emplr
2023$29.1M · 193 accts · $1.7M emplr
2022$23.6M · 188 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,801
Investment management$25,668
Total administrative$76,469
The Kmw Group, Inc. 401(k) match · 2024
Employer contribution per active participant$11,653
Median for plans this size$2,416
2024$11,653 per active participant
2023$10,634 per active participant
2022$10,379 per active participant

Kmw Group, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20246
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$50,942
UBS FINANCIAL SERVICES INC. · Investment advisory (plan)$26,802
BLUE CHIP RETIREMENT PLANS, INC. · Contract administrator$8,227
EMPOWER ADVISORY GROUP · Investment management$605
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$76,469 · 0.25%
2023$44,419 · 0.17%
2022$89,137 · 0.35%
Same employer
Similar plansWholesale Trade · Michigan
Harbor Group Incorporated MI$31.9M · 0.30%
S. Abraham & Sons, Inc. MI$31.8M · 0.54%
Hino Motors Sales USA, Inc MI$31.4M · 0.03%
H. H. Barnum Company MI$31.2M · 0.25%
365 Retail Markets, LLC MI$28.6M · 0.27%
Rowley Brothers, Inc MI$27.2M · 0.43%
Brighton Employment, Inc. MI$26.7M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382639221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.