Plan Ledger DOL Form 5500 · updated monthly

Kra Corporation401(k)

KRA CORPORATION 401(K) PROFIT SHARING PLAN · COULMBIA, MD · plan year 2024

Reported admin expense ratio · 2024
1.41%

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

Kra Corporation reported $64,223 in plan administrative expenses for 2024: 1.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $183 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 1.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Maryland (1,308th of 1,671), and 2,551st of 3,091 in educational services. In 2024, employees put in $22.58 for every $1.00 the employer contributed; active participation has shrunk from 121 to 80 since 2022.

Plan summary
Net assets, end of year$4,638,435
Participants with balances192
Active participants80
Employer contributions$14,667
Employee contributions$331,117
Employer contribution per active participant$183
Average account balance$24,159
Benefits paid to participants$671,927
Plan auditUnmodified (clean) audit opinion
AuditorDEMBO JONES
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 192 accts · $15K emplr
2023$4.5M · 201 accts · $110K emplr
2022$4.0M · 218 accts · $166K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,691
Investment management$7,301
Total administrative$64,223
The Kra Corporation 401(k) match · 2024
Employer contribution per active participant$183
Median for plans this size$1,313
2024$183 per active participant
2023$656 per active participant
2022$1,369 per active participant

Kra Corporation's 2024 employer contribution ran below the $1,313 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.

Service providers · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$7,301
LEAFHOUSE FINANCIAL ADVISORS, LLC$2,231
THE INVESTMENT CENTER INCindirect comp

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$64,223 · 1.41%
2023$60,397 · 1.41%
2022$61,247 · 1.37%
Same employer
Similar plansEducational Services · Maryland
Identity, Inc. MD$4.4M · 0.63%
Casa, Inc. MD$3.9M · 1.32%
Linwood Center, Inc MD$3.7M · 0.61%
Shamit Management Inc. MD$3.2M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521230252 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.