Plan Ledger DOL Form 5500 · updated monthly

Kruse Western Holdings, LLC401(k)

KRUSE WESTERN HOLDINGS, LLC 401(K) AND PROFIT SHARING PLAN · GOSHEN, CA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Kruse Western Holdings, LLC reported $36,431 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $5,674 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 0.02% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 4,602nd-largest of 9,483 plans among California employers on file, and 7,429th of 13,661 in manufacturing. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has shrunk from 298 to 82 since 2022.

Plan summary
Net assets, end of year$13,881,390
Participants with balances177
Active participants82
Employer contributions$465,248
Employee contributions$634,000
Employer contribution per active participant$5,674
Average account balance$78,426
Benefits paid to participants$2,917,147
Plan auditUnmodified (clean) audit opinion
AuditorVISKOCHIL ASSURANCE SERVICES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 177 accts · $465K emplr
2023$13.2M · 258 accts · $1.2M emplr
2022$10.9M · 339 accts · $395K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,431
Total administrative$36,431
The Kruse Western Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$5,674
Median for plans this size$2,416
2024$5,674 per active participant
2023$14,961 per active participant
2022$1,326 per active participant

Kruse Western Holdings, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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

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$36,431 · 0.27%
2023$37,409 · 0.31%
2022$2,036 · 0.02%
Similar plansManufacturing · California
Aethercomm, Inc. CA$13.9M · 0.13%
Den-Mat Holdings, LLC CA$13.9M · 0.27%
Natron Energy, Inc. CA$13.9M · 0.12%
Torn & Glasser, Inc. CA$13.8M · 0.72%
Inhibrx, Inc. CA$13.8M · 0.13%
Heath Ceramics, LTD. CA$13.8M · 0.57%
Belkorp AG Holdings, Inc. CA$13.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 882929149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.