Plan Ledger DOL Form 5500 · updated monthly

Knowledge Systems & Research, In401(k)

KNOWLEDGE SYSTEMS & RESEARCH, INC. 401(K) PROFIT SHARING PLAN · SYRACUSE, NY · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Knowledge Systems & Research, In reported $40,828 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,465 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 3 years on file its reported administrative ratio has held roughly steady near 0.24%. 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 the 2,681st-largest of 5,648 plans among New York employers on file, and 5,924th of 11,654 in professional & technical services. In 2024, employees put in $5.57 for every $1.00 the employer contributed; active participation has shrunk from 103 to 92 since 2022.

Plan summary
Net assets, end of year$17,957,744
Participants with balances108
Active participants92
Employer contributions$134,752
Employee contributions$751,051
Employer contribution per active participant$1,465
Average account balance$166,275
Benefits paid to participants$690,862
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.0M · 108 accts · $135K emplr
2023$15.4M · 113 accts · $164K emplr
2022$13.9M · 120 accts · $158K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$325
Investment management$40,503
Total administrative$40,828
The Knowledge Systems & Research, In 401(k) match · 2024
Employer contribution per active participant$1,465
Median for plans this size$2,416
2024$1,465 per active participant
2023$1,787 per active participant
2022$1,534 per active participant

Knowledge Systems & Research, In'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
HAZARD & SIEGEL ADVISORY SERVICES, · Recordkeeping · Trustee$40,503
ADP, INC. · Recordkeeping$325
ADP BROKER-DEALERindirect 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
2024ADP, HAZARD & SIEGEL ADVISORY SERVICES,
2023ADP, HAZARD & SIEGEL ADVISORY SERVICES,

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Administrative cost history3
2024$40,828 · 0.24%
2023$37,801 · 0.26%
2022$37,307 · 0.25%
Similar plansProfessional & Technical Services · New York
Third Bridge NY$18.4M · 0.83%
Suzy, Inc. NY$18.0M · 0.57%
Milrose Consultants, LLC NY$17.9M · 0.54%
Juice Pharma Worldwide, LLC NY$17.8M · 0.46%
Diller Scofidio Renfro, LLC NY$17.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161205014 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.