Plan Ledger DOL Form 5500 · updated monthly

Krm Wagering, LLC401(k)

KRM WAGERING RETIREMENT SAVINGS PLAN · LEXINGTON, KY · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Krm Wagering, LLC reported $2,585 in plan administrative expenses for 2023: 0.33% of average plan assets, lower than ~75% of peers. Employer contributions averaged $301 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 1 year on file its reported administrative ratio rose from 0.19% to 0.33%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Kentucky (828th of 871), and 1,235th of 1,311 in arts, entertainment & recreation. In 2023, employees put in $3.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$901,882
Participants with balances88
Active participants144
Employer contributions$43,359
Employee contributions$172,219
Employer contribution per active participant$301
Average account balance$10,249
Benefits paid to participants$92,176
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$902K · 88 accts · $43K emplr
2022$658K · 101 accts · $35K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,585
Total administrative$2,585
The Krm Wagering, LLC 401(k) match · 2023
Employer contribution per active participant$301
Median for plans this size$522
2023$301 per active participant
2022$232 per active participant

Krm Wagering, LLC's 2023 employer contribution ran below the $522 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
CGRPS · Recordkeeping · Investment management$1,025
MCGREGOR & ASSOCIATES, INC. · Accounting / audit · Actuarial$9,645
RAYMOND JAMES FINANCIAL SERVICES IN · Investment advisory (participants) · Investment advisory (plan)$5,490

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

Administrative cost history2
2023$2,585 · 0.33%
2022$1,220 · 0.19%
Similar plansArts, Entertainment & Recreation · Kentucky
Orange Consulting LLC KY$837K · 1.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472274762 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.