Plan Ledger DOL Form 5500 · updated monthly

Krp LP401(k)

KRP LP 401(K) PROFIT SHARING PLAN & TRUST · DENTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Krp LP reported $7,630 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $222 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 rose from 0.31% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Texas (5,233rd of 5,688), and 1,957th of 2,096 in real estate & leasing. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 504 to 757 since 2022.

Plan summary
Net assets, end of year$1,141,228
Participants with balances91
Active participants757
Employer contributions$168,003
Employee contributions$336,773
Employer contribution per active participant$222
Average account balance$12,541
Benefits paid to participants$410,837
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.1M · 91 accts · $168K emplr
2023$915K · 257 accts · $120K emplr
2022$712K · 347 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,621
Investment management$9
Total administrative$7,630
The Krp LP 401(k) match · 2024
Employer contribution per active participant$222
Median for plans this size$1,313
2024$222 per active participant
2023$213 per active participant

Krp LP'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 · 20241
JOHN HANCOCK · Recordkeeping · Loan processing$7,630

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,630 · 0.74%
2023$3,303 · 0.41%
2022$2,177 · 0.31%
Same employer
Similar plansReal Estate & Leasing · Texas
The Signorelli Company TX$1.3M · 1.27%
Darwin Homes Inc. TX$1.2M · 0.27%
Move IT Management, LLC TX$1.1M · 2.14%
Jab Rentals, Inc. TX$861K · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300326444 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.