Plan Ledger DOL Form 5500 · updated monthly

Kt Enterprises, Inc.401(k)

KT ENTERPRISES, INC. 401(K) PLAN · BRISTOW, VA · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Kt Enterprises, Inc. reported $128,667 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,745 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 0.52% to 0.65%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 974th-largest of 2,266 plans among Virginia employers on file, and the 598th of 2,534 in administrative & support services. In 2024, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,630,970
Participants with balances254
Active participants278
Employer contributions$485,002
Employee contributions$1,041,425
Employer contribution per active participant$1,745
Average account balance$81,224
Benefits paid to participants$1,959,413
Plan auditUnmodified (clean) audit opinion
AuditorTHOMPSON GREENSPON
Plan history3
Yearassets · accounts · employer contribution
2024$20.6M · 254 accts · $485K emplr
2023$19.1M · 271 accts · $495K emplr
2022$16.3M · 283 accts · $468K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$128,667
Total administrative$128,667
The Kt Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$1,745
Median for plans this size$2,416
2024$1,745 per active participant
2023$1,709 per active participant
2022$1,576 per active participant

Kt Enterprises, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$121,466
RETIRMENT PLANNERS AND ADMINSTRATOR · Contract administrator · Other services$7,200
TRUIST ADVISORY SERVICES INC · Investment advisory (plan)indirect comp
THOMPSON GREENSPON CPA & ADVISORS · Accounting / auditindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$128,667 · 0.65%
2023$109,566 · 0.62%
2022$90,373 · 0.52%
Same employer
Similar plansAdministrative & Support Services · Virginia
The Bionetics Corporation VA$34.1M · 0.24%
Enserv, Inc. VA$24.3M · 0.37%
Gap Solutions, Inc. VA$21.9M · 0.67%
Prosegur Sis USA, Inc. VA$20.5M · 1.28%
Transforce, Inc. VA$19.8M · 0.66%
Cibt Inc VA$19.5M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541086441 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.