Plan Ledger DOL Form 5500 · updated monthly

Kn Properties, LLC401(k)

KN PROPERTIES RETIREMENT PLAN · HALF MOON BAY, CA · plan year 2022

Reported admin expense ratio · 2022
0.50%

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

Kn Properties, LLC reported $11,889 in plan administrative expenses for 2022: 0.50% of average plan assets, above the peer median. Employer contributions averaged $697 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 retail trade employers. By assets it is among the smaller plans on file in California (8,201st of 9,483), and 4,606th of 5,215 in retail trade. In 2022, employees put in $2.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,220,155
Participants with balances29
Active participants101
Employer contributions$70,391
Employee contributions$193,604
Employer contribution per active participant$697
Average account balance$76,557
Benefits paid to participants$90,623
Plan auditUnmodified (clean) audit opinion
AuditorCAROLYN A. MAYES, CPA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,889
Total administrative$11,889
The Kn Properties, LLC 401(k) match · 2022
Employer contribution per active participant$697
Median for plans this size$1,114

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

Administrative cost history1
2022$11,889 · 0.50%
Similar plansRetail Trade · California
Downey Import Cars, Inc. CA$2.3M · 0.29%
Artisan Brewers, LLC CA$2.3M · 0.91%
Esalon.com LLC CA$2.2M · 0.10%
Jimbos Natural Family Inc CA$2.2M · 0.67%
Club W, Inc. CA$2.2M · 0.61%
Bellami Hair, LLC CA$2.2M · 0.07%
Bbb Automotive, LLC CA$2.1M · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320665400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.