Plan Ledger DOL Form 5500 · updated monthly

Ks Management Services, L.L.C.401(k)

KELSEY-SEYBOLD 401(K) PLAN · MINNETONKA, MN · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Ks Management Services, L.L.C. reported $337,632 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $2,394 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 fell from 0.06% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 62nd-largest of 1,918 plans among Minnesota employers on file, and the 246th of 11,911 in health care & social assistance. In 2024, employees put in $2.82 for every $1.00 the employer contributed; active participation has grown from 5,306 to 6,334 since 2022.

Plan summary
Net assets, end of year$743,539,499
Participants with balances8,158
Active participants6,334
Employer contributions$15,160,485
Employee contributions$42,806,409
Employer contribution per active participant$2,394
Average account balance$91,142
Benefits paid to participants$78,227,633
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $6.0M emplr
2024$743.5M · 8,158 accts · $15.2M emplr
2023$661.5M · 8,182 accts · $14.6M emplr
2022$549.5M · 6,950 accts · $11.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$307,132
Audit (IQPA)$30,500
Total administrative$337,632
The Ks Management Services, L.L.C. 401(k) match · 2024
Employer contribution per active participant$2,394
Median for plans this size$4,294
2024$2,394 per active participant
2023$2,244 per active participant
2022$2,089 per active participant

Ks Management Services, L.L.C.'s 2024 employer contribution ran below the $4,294 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 · 20243
FIDELITY INVEST INST CO., LLC · Loan processing$309,649
BAKER TILLY · Accounting / audit$23,500
VALORIE S FOSTER, CPA · Accounting / audit$7,000

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

Administrative cost history4
2025Not separately reported
2024$337,632 · 0.05%
2023$432,870 · 0.07%
2022$347,900 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Optumcare Management, LLC MN$1.1B · 0.03%
Mayo Holding Company MN$813.4M · 0.03%
North Memorial Health MN$778.3M · 0.11%
Optum Medical Services, P.C. MN$718.1M · 0.00%
Regions Hospital MN$602.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760602862 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.