Plan Ledger DOL Form 5500 · updated monthly

Kong Company, LLC401(k)

KONG COMPANY 401(K) PLAN · GOLDEN, CO · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Kong Company, LLC reported $54,907 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $3,071 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 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 675th-largest of 1,461 plans among Colorado employers on file, and 2,479th of 4,246 in wholesale trade. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has shrunk from 264 to 199 since 2022.

Plan summary
Net assets, end of year$13,921,050
Participants with balances267
Active participants199
Employer contributions$611,078
Employee contributions$1,077,238
Employer contribution per active participant$3,071
Average account balance$52,139
Benefits paid to participants$1,758,114
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 267 accts · $611K emplr
2023$12.2M · 266 accts · $500K emplr
2022$8.8M · 298 accts · $324K emplr
Administrative expenses, itemized · 2024
Investment management$54,907
Total administrative$54,907
The Kong Company, LLC 401(k) match · 2024
Employer contribution per active participant$3,071
Median for plans this size$2,416
2024$3,071 per active participant
2023$2,156 per active participant
2022$1,229 per active participant

Kong Company, LLC's 2024 employer contribution ran above 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
CREATIVE PLANNING LLC · Investment advisory (plan)$40,732
EMPOWER ADVISORY GROUP, LLC · Investment management$14,175

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$54,907 · 0.42%
2023$45,332 · 0.43%
2022$41,163 · 0.43%
Same employer
Similar plansWholesale Trade · Colorado
McGee Company CO$16.2M · 0.43%
Winn-Marion Barber, LLC CO$14.9M · 0.43%
Forney Industries, Inc. CO$14.0M · 0.51%
Sumup, Inc. CO$13.7M · 0.45%
Nite Ize, Inc. CO$13.3M · 0.51%
Krayden, Inc. CO$12.0M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841559729 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.