What are the fees in the Krlfm Inc 401(k) plan?

For plan year 2022, Krlfm Inc reported $5,696 in plan administrative expenses, or 0.29% of average plan assets — below the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Krlfm Inc 401(k)?

The average participant account balance was $42,333 for plan year 2022, based on 41 accounts.

Krlfm Inc401(k)

Name: Krlfm Inc 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

ED KOEHN FORD EMPLOYEE SAVINGS PLAN · GREENVILLE, MI · plan year 2022

Reported admin expense ratio · 2022

0.29%

Krlfm Inc reported $5,696 in plan administrative expenses for 2022: 0.29% of average plan assets, below the peer median. 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 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Michigan (2,403rd of 2,619), and 4,742nd of 5,215 in retail trade.

Plan summary
Net assets, end of year$1,735,654
Participants with balances41
Active participants120
Employer contributions—
Employee contributions$203,950
Employer contribution per active participant—
Average account balance$42,333
Benefits paid to participants$221,624
Plan auditUnmodified (clean) audit opinion
AuditorDOLINKA, VANNOORD & COMPANY

Administrative expenses, itemized · 2022

Professional / advisory$5,696

Total administrative$5,696

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$5,696 · 0.29%

Similar plansRetail Trade · Michigan
Jack's Fresh Market MI$1.8M · 0.69%
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Carite Inc. MI$1.8M · 0.24%
Murk's Village Market, Inc. MI$1.7M · 0.74%
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Source: U.S. Department of Labor, Form 5500 series, EIN 383024279 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.