Plan Ledger DOL Form 5500 · updated monthly

Kog Industries Inc401(k)

KOG INDUSTRIES INC 401(K) PROFIT SHARING PLAN & TRUST · BAYSIDE, NY · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Kog Industries Inc reported $3,083 in plan administrative expenses for 2024: 0.56% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.67% to 0.56%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,440th of 5,648), and 11,307th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$542,928
Participants with balances106
Active participants112
Employer contributions$0
Employee contributions$132,930
Employer contribution per active participant$0
Average account balance$5,122
Benefits paid to participants$202,731
Plan auditUnmodified (clean) audit opinion
AuditorSHAWN POOLER CPA
Plan history2
Yearassets · accounts · employer contribution
2024$543K · 106 accts
2022$404K · 217 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,083
Total administrative$3,083
The Kog Industries Inc 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$540

Kog Industries Inc's 2024 employer contribution ran below the $540 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.

Administrative cost history2
2024$3,083 · 0.56%
2022$2,570 · 0.67%
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Manhattan Home Care, LTD NY$615K · 5.03%
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Bethel Methodist Home NY$586K · 0.09%
603 Healthcare LLC NY$490K · 2.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113548838 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.