Plan Ledger DOL Form 5500 · updated monthly

Knickerbocker Group, Inc.401(k) + ESOP (KSOP)

KNICKERBOCKER GROUP EMPLOYEE STOCK OWNERSHIP 401(K) PLAN · BOOTHBAY, ME · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Knickerbocker Group, Inc. reported $50,750 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $2,090 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maine (212th of 354), and 2,920th of 5,337 in construction. In 2024, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,314,162
Participants with balances156
Active participants128
Employer contributions$267,468
Employee contributions$578,611
Employer contribution per active participant$2,090
Average account balance$72,527
Benefits paid to participants$640,887
Plan auditUnmodified (clean) audit opinion
AuditorALBIN RANDALL & BENNETT
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,010
Investment management$31,740
Total administrative$50,750
The Knickerbocker Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,090
Median for plans this size$2,416

Knickerbocker Group, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
COMMONWEALTH EQUITY SERVICES LLC · Investment advisory (plan)$31,740
BLUE RIDGE ESOP ASSOCIATES · Contract administrator$11,530

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

Administrative cost history1
2024$50,750 · 0.45%
Same employer
Similar plansConstruction · Maine
R.J. Grondin & Sons ME$17.1M · 0.29%
Rubb, Inc. ME$10.4M · 0.30%
Hahnel Bros, Co. ME$7.2M · 0.25%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 010389577 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.