Plan Ledger DOL Form 5500 · updated monthly

Ks Industries, LP401(k)

KS INDUSTRIES, LP 401(K) PLAN · BAKERSFIELD, CA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Ks Industries, LP reported $264,154 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,974 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 0.49% to 0.51%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 1,646th-largest of 9,483 plans among California employers on file, and the 976th of 5,337 in construction. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$54,907,886
Participants with balances923
Active participants1,285
Employer contributions$2,536,307
Employee contributions$5,044,201
Employer contribution per active participant$1,974
Average account balance$59,489
Benefits paid to participants$7,524,618
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$54.9M · 923 accts · $2.5M emplr
2023$47.9M · 904 accts · $1.5M emplr
2022$40.6M · 866 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$170,530
Investment management$93,624
Total administrative$264,154
The Ks Industries, LP 401(k) match · 2024
Employer contribution per active participant$1,974
Median for plans this size$3,635
2024$1,974 per active participant
2023$1,134 per active participant
2022$1,017 per active participant

Ks Industries, LP's 2024 employer contribution ran below the $3,635 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 · 20242
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$93,624

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$264,154 · 0.51%
2023$225,388 · 0.51%
2022$212,657 · 0.49%
Same employer
Similar plansConstruction · California
Truebeck Construction, Inc. CA$58.4M · 0.10%
Clark Pacific CA$57.8M · 0.38%
Severson Group, Inc. CA$57.7M · 0.00%
Glacier Northwest, Inc. CA$56.2M · 0.10%
Cosco Fire Protection, Inc. CA$54.7M · 0.13%
C. Overaa & Co. CA$54.1M · 0.10%
Obayashi Corporation CA$52.2M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760712868 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.