Plan Ledger DOL Form 5500 · updated monthly

Kraftcpas PLLC401(k)

KRAFTCPAS PLLC RETIREMENT SAVINGS PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Kraftcpas PLLC reported $32,296 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,811 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 0.15% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 353rd-largest of 1,496 plans among Tennessee employers on file, and the 3,522nd of 11,654 in professional & technical services. In 2024, employees put in $3.04 for every $1.00 the employer contributed; active participation has grown from 187 to 210 since 2022.

Plan summary
Net assets, end of year$36,940,781
Participants with balances243
Active participants210
Employer contributions$590,326
Employee contributions$1,792,890
Employer contribution per active participant$2,811
Average account balance$152,020
Benefits paid to participants$3,351,076
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.9M · 243 accts · $590K emplr
2023$33.8M · 245 accts · $578K emplr
2022$29.7M · 230 accts · $531K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,941
Total administrative$32,296
The Kraftcpas PLLC 401(k) match · 2024
Employer contribution per active participant$2,811
Median for plans this size$2,416
2024$2,811 per active participant
2023$2,921 per active participant
2022$2,838 per active participant

Kraftcpas PLLC'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 · 20244
NEWPORT GROUP, INC · Recordkeeping$19,285
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$11,941
NEWPORT TRUST COMPANY · Trustee · Trustee (directed)$1,070
MATRIX TRUST · Trustee · Trustee (directed)indirect comp

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

Recordkeeper by year2
2024Charles Schwab, Newport (Ascensus)
2023Newport (Ascensus)

This plan has changed recordkeepers within these filings. If you left Kraftcpas PLLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$32,296 · 0.09%
2023$49,495 · 0.16%
2022$48,613 · 0.15%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Pya, P.C. TN$40.0M · 0.30%
Qualifacts Systems, LLC TN$33.2M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620713250 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.