Plan Ledger DOL Form 5500 · updated monthly

Kp Ventures Well Drilling and Pump Company LLC401(k)

KP VENTURES WELL DRILLING AND PUMP COMPANY LLC 401(K) PLAN · COTTONWOOD, AZ · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Kp Ventures Well Drilling and Pump Company LLC reported $5,675 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $2,723 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 utilities employers. By assets it is among the smaller plans on file in Arizona (1,114th of 1,285), and 403rd of 412 in utilities. In 2024, employees put in $1.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,418,139
Participants with balances109
Active participants86
Employer contributions$234,139
Employee contributions$284,089
Employer contribution per active participant$2,723
Average account balance$13,010
Benefits paid to participants$146,833
Plan auditUnmodified (clean) audit opinion
AuditorEVERS ROBINSON LTD
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,675
Total administrative$5,675
The Kp Ventures Well Drilling and Pump Company LLC 401(k) match · 2024
Employer contribution per active participant$2,723
Median for plans this size$1,313

Kp Ventures Well Drilling and Pump Company LLC'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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping$6,975
FUTUREPLAN BY ASCENSUS · Consulting$6,200

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$5,675 · 0.49%
Similar plansUtilities · Arizona
Epcor USA, Inc. AZ$57.7M · 0.32%
Arizona Water Co. AZ$49.9M · 0.06%
V3 Electric Inc. CA$1.8M · 0.58%
Metron Farnier, LLC CO$1.6M · 0.27%
Signature Solar, LLC TX$1.5M · 0.38%
Rbc Utilities, Inc SC$1.5M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 901118078 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.