Plan Ledger DOL Form 5500 · updated monthly

Knock, Inc.401(k)

KNOCK, INC. PROFIT SHARING AND 401(K) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Knock, Inc. reported $54,933 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $6,646 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 professional & technical services employers. By assets it is among the smaller plans on file in Minnesota (1,008th of 1,918), and 6,198th of 11,654 in professional & technical services. In 2024, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,703,993
Participants with balances127
Active participants101
Employer contributions$671,267
Employee contributions$830,876
Employer contribution per active participant$6,646
Average account balance$131,528
Benefits paid to participants$2,547,146
Plan auditUnmodified (clean) audit opinion
AuditorPBG FINANCIAL SERVICES, PLLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,082
Investment management$47,851
Total administrative$54,933
The Knock, Inc. 401(k) match · 2024
Employer contribution per active participant$6,646
Median for plans this size$2,416

Knock, 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 · 20242
VIVALDI CAPITAL MANAGEMENT, LP · Investment advisory (plan)$47,851

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$54,933 · 0.34%
Similar plansProfessional & Technical Services · Minnesota
Avionte, LLC MN$17.6M · 0.07%
Exb Solutions, Inc. MN$16.9M · 0.07%
Inergex, LLC dba Crossfuze MN$16.7M · 0.42%
Outsell Corporation MN$15.5M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 300005513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.