Plan Ledger DOL Form 5500 · updated monthly

Kobrand Corporation401(k)

KOBRAND CORPORATION RETIREMENT SAVINGS PLAN · PURCHASE, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Kobrand Corporation reported $35,525 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,104 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 0.06% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,097th-largest of 5,648 plans among New York employers on file, and the 621st of 4,246 in wholesale trade. In 2024, the employer put in $1.74 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$67,235,926
Participants with balances218
Active participants163
Employer contributions$2,624,927
Employee contributions$1,509,028
Employer contribution per active participant$16,104
Average account balance$308,422
Benefits paid to participants$10,263,929
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.2M · 218 accts · $2.6M emplr
2023$63.5M · 224 accts · $2.5M emplr
2022$55.4M · 225 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,525
Total administrative$35,525
The Kobrand Corporation 401(k) match · 2024
Employer contribution per active participant$16,104
Median for plans this size$3,635
2024$16,104 per active participant
2023$16,429 per active participant
2022$15,814 per active participant

Kobrand Corporation's 2024 employer contribution ran above the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$35,525

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

Administrative cost history3
2024$35,525 · 0.05%
2023$33,053 · 0.06%
2022$36,607 · 0.06%
Same employer
Similar plansWholesale Trade · New York
Laerdal Medical Corporation NY$69.8M · 0.26%
Randa Corp NY$67.1M · 0.32%
Kravet Inc. NY$66.1M · 0.29%
Darby Dental Supply, LLC NY$65.2M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 135575332 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.