Plan Ledger DOL Form 5500 · updated monthly

Ksp Group, Inc.401(k)

KSP GROUP, INC. 401(K) PLAN · RACINE, WI · plan year 2022

Reported admin expense ratio · 2022
0.47%

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

Ksp Group, Inc. reported $30,280 in plan administrative expenses for 2022: 0.47% of average plan assets, below the peer median. Employer contributions averaged $1,574 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,517th of 1,936), and 10,495th of 13,661 in manufacturing. In 2022, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,368,945
Participants with balances120
Active participants128
Employer contributions$201,506
Employee contributions$401,584
Employer contribution per active participant$1,574
Average account balance$53,075
Benefits paid to participants$171,190
Plan auditUnmodified (clean) audit opinion
AuditorDWAYNE JOHNSON & ASSOCIATES S.C.
The Ksp Group, Inc. 401(k) match · 2022
Employer contribution per active participant$1,574
Median for plans this size$1,114

Ksp Group, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$30,280 · 0.47%
Similar plansManufacturing · Wisconsin
K.G. Stevens, Inc. WI$6.7M · 0.16%
Seda North America Inc. WI$6.4M · 0.34%
Motis Brands, Inc. WI$6.4M · 0.79%
Psco Kieffer, Inc. WI$6.3M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391088579 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.