Plan Ledger DOL Form 5500 · updated monthly

Kowalski Companies, Inc.401(k)

KOWALSKI COMPANIES, INC. SALARY REDUCTION PROFIT SHARING PLAN AND TRUST · EAGAN, MN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Kowalski Companies, Inc. reported $960 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,498 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 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 895th-largest of 1,918 plans among Minnesota employers on file, and the 1,460th of 5,215 in retail trade. In 2024, the employer put in $1.59 for every $1.00 employees contributed themselves; active participation has shrunk from 289 to 218 since 2022.

Plan summary
Net assets, end of year$19,915,769
Participants with balances289
Active participants218
Employer contributions$980,583
Employee contributions$616,348
Employer contribution per active participant$4,498
Average account balance$68,913
Benefits paid to participants$1,665,224
Plan auditUnmodified (clean) audit opinion
AuditorDS&B, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$19.9M · 289 accts · $981K emplr
2023$18.0M · 206 accts · $881K emplr
2022$14.9M · 192 accts · $552K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$960
Total administrative$960
The Kowalski Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$4,498
Median for plans this size$2,416
2024$4,498 per active participant
2023$2,890 per active participant
2022$1,909 per active participant

Kowalski Companies, Inc.'s 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024$960 · 0.01%
2023$4,006 · 0.02%
2022$3,702 · 0.02%
All plans at this employer2
KOWALSKI COMPANIES, INC. SALARY REDUCTION PROFIT SHARING PLAN AND TRUST401(k)
KOWALSKI COMPANIES, INC. 401(K) PLAN FOR UNION EMPLOYEES401(k)
Same employer
Similar plansRetail Trade · Minnesota
Ams Holdings, LLC MN$25.6M · 0.29%
Lueken's Food Stores, Inc. MN$23.9M · 0.01%
Buerkle Company MN$23.8M · 0.23%
Schuler Shoes, Inc. MN$18.8M · 0.57%
Innovative Office Solutions MN$18.7M · 0.33%
Stein Industries, Inc. MN$18.5M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411500646 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.