Plan Ledger DOL Form 5500 · updated monthly

Koppert Biological Systems, Inc401(k)

KOPPERT BIOLOGICAL SYSTEMS, INC 401(K) PROFIT SHARING PLAN · HOWELL, MI · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Koppert Biological Systems, Inc reported $21,538 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $2,977 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Michigan (1,689th of 2,619), and 514th of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,135,958
Participants with balances140
Active participants108
Employer contributions$321,527
Employee contributions$665,287
Employer contribution per active participant$2,977
Average account balance$58,114
Benefits paid to participants$343,788
Plan auditUnmodified (clean) audit opinion
AuditorRETIREMENT PLAN AUDIT SERVICES, LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,538
Total administrative$21,538
The Koppert Biological Systems, Inc 401(k) match · 2024
Employer contribution per active participant$2,977
Median for plans this size$1,313

Koppert Biological Systems, Inc's 2024 employer contribution ran above the $1,313 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 · 20245
LEAFHOUSE FINANCIAL ADVISORS$2,293
THE BENEFIT ADVANTAGE, INC. · Contract administrator$2,250
OSAIC WEALTH INC.indirect comp
SECURITIES AMERICA INC.indirect comp

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

Administrative cost history1
2024$21,538 · 0.29%
Similar plansAgriculture, Forestry & Fishing · Michigan
AG Business Solutions LLC MI$11.5M · 0.48%
Bordine Nursery LTD MI$9.1M · 0.50%
Ray Wiegand Nursery, Inc. MI$6.5M · 0.26%
Bloem LLC MI$4.5M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383195931 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.