Plan Ledger DOL Form 5500 · updated monthly

Kts Solutions, Inc.401(k)

KTS SOLUTIONS, INC. RETIREMENT PLAN · CHESAPEAKE, VA · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Kts Solutions, Inc. reported $5,153 in plan administrative expenses for 2024: 0.63% of average plan assets, below the peer median. Employer contributions averaged $852 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 1.49% to 0.63%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Virginia (2,192nd of 2,266), and 2,338th of 2,677 in transportation & warehousing. In 2024, the employer put in $1.53 for every $1.00 employees contributed themselves; active participation has shrunk from 181 to 129 since 2022.

Plan summary
Net assets, end of year$839,349
Participants with balances89
Active participants129
Employer contributions$109,918
Employee contributions$72,072
Employer contribution per active participant$852
Average account balance$9,431
Benefits paid to participants$228,421
Plan auditUnmodified (clean) audit opinion
AuditorAMDERS ,OML;ER HUBER & HELM LLPC
Plan history3
Yearassets · accounts · employer contribution
2024$839K · 89 accts · $110K emplr
2023$802K · 141 accts · $816K emplr
2022$298K · 181 accts · $84K emplr
The Kts Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$852
Median for plans this size$540
2024$852 per active participant
2023$5,132 per active participant
2022$466 per active participant

Kts Solutions, Inc.'s 2024 employer contribution ran above the $540 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.

Administrative cost history3
2024$5,153 · 0.63%
2023$11,013 · 2.00%
2022$6,656 · 1.49%
Similar plansTransportation & Warehousing · Virginia
Virginia Regional Transit VA$1.3M · 0.17%
Fast Track Ems, LLC VA$846K · 0.47%
Pendulum Delivery LLC VA$639K · 0.50%
A1 Shipping LLC VA$489K · 0.52%
Enterprise Logistics, LLC VA$381K · 0.48%
3 Lil Birds Express VA$302K · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020777210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.