Plan Ledger DOL Form 5500 · updated monthly

Kofile, Inc.401(k)

KOFILE, INC. 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Kofile, Inc. reported $89,427 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $355 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 rose from 0.56% to 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 2,505th-largest of 5,688 plans among Texas employers on file, and 1,255th of 2,199 in information & media. In 2024, employees put in $7.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,298,653
Participants with balances717
Active participants649
Employer contributions$230,181
Employee contributions$1,837,028
Employer contribution per active participant$355
Average account balance$19,942
Benefits paid to participants$1,533,359
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 717 accts · $230K emplr
2023$12.4M · 324 accts · $123K emplr
2022$13.0M · 338 accts · $173K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,171
Total administrative$89,427
The Kofile, Inc. 401(k) match · 2024
Employer contribution per active participant$355
Median for plans this size$2,416
2024$355 per active participant
2023$169 per active participant
2022$252 per active participant

Kofile, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
WELLTH ADVISORY SERVICES, LLCindirect comp
GLOBAL RETIREMENT PARTNERS LLCindirect comp

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$89,427 · 0.67%
2023$76,914 · 0.60%
2022$77,711 · 0.56%
Same employer
Similar plansInformation & Media · Texas
Riseit Solutions, Inc. TX$15.0M · 0.12%
K2SHARE, LLC TX$14.4M · 0.01%
Chartbeat Inc. TX$14.0M · 0.33%
Snow Software, Inc. TX$13.7M · 0.65%
Netwrix Corporation TX$13.4M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262800018 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.