Plan Ledger DOL Form 5500 · updated monthly

Ksp Group, Inc.401(k)

KSP GROUP, INC. 401(K) PLAN · RACINE, WI · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Ksp Group, Inc. reported $41,718 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $2,518 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 has held roughly steady near 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,351st of 1,936), and 9,262nd of 13,661 in manufacturing. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,932,014
Participants with balances101
Active participants94
Employer contributions$236,646
Employee contributions$480,915
Employer contribution per active participant$2,518
Average account balance$88,436
Benefits paid to participants$734,029
Plan auditUnmodified (clean) audit opinion
AuditorDJA CPAS, S.C.
Plan history2
Yearassets · accounts · employer contribution
2024$8.9M · 101 accts · $237K emplr
2023$7.8M · 114 accts · $205K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,718
Total administrative$41,718
The Ksp Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,518
Median for plans this size$1,313
2024$2,518 per active participant
2023$2,052 per active participant

Ksp Group, Inc.'s 2024 employer contribution ran above the $1,313 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
JOHNSON BANK · Trustee · Investment advisory (plan)$41,718

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

Administrative cost history2
2024$41,718 · 0.50%
2023$36,496 · 0.52%
Same employer
Similar plansManufacturing · Wisconsin
R.G. Rezin, Inc. WI$9.1M · 0.06%
Norlen, Inc WI$9.0M · 0.63%
The Brewer Company LLC WI$9.0M · 0.43%
N.E.W. Industries, Inc. WI$8.9M · 0.05%
Oshkosh Door Company WI$8.9M · 0.08%
Pioneer Products, Inc. WI$8.8M · 0.61%
Meca Solutions, LLC WI$8.7M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453765821 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.