Plan Ledger DOL Form 5500 · updated monthly

Kunz Leigh, & Associates401(k)

KL&A 401(K) PLAN · LATHRUP VILLAGE, MI · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Kunz Leigh, & Associates reported $64,037 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $5,242 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 0.39% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,042nd-largest of 2,619 plans among Michigan employers on file, and the 5,600th of 11,654 in professional & technical services. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 150 to 165 since 2022.

Plan summary
Net assets, end of year$19,753,455
Participants with balances191
Active participants165
Employer contributions$865,009
Employee contributions$1,699,462
Employer contribution per active participant$5,242
Average account balance$103,421
Benefits paid to participants$1,182,473
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 191 accts · $865K emplr
2023$15.7M · 171 accts · $773K emplr
2022$11.7M · 178 accts · $651K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,507
Investment management$48,530
Total administrative$64,037
The Kunz Leigh, & Associates 401(k) match · 2024
Employer contribution per active participant$5,242
Median for plans this size$2,416
2024$5,242 per active participant
2023$5,295 per active participant
2022$4,338 per active participant

Kunz Leigh, & Associates's 2024 employer contribution ran above the $2,416 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 · 20243
ROCKEFELLER FINANCIAL LLC · Investment advisory (plan)$29,723
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$18,807

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$64,037 · 0.36%
2023$54,901 · 0.40%
2022$47,499 · 0.39%
Same employer
Similar plansProfessional & Technical Services · Michigan
Collins Einhorn Farrell PC MI$20.9M · 0.42%
Dako Resources LLC MI$20.9M · 0.70%
Disher Corp. MI$20.3M · 0.21%
Ducker Research N.A. LLC MI$20.0M · 0.25%
Spendmend, LLC MI$19.6M · 0.54%
Soar Technology Inc MI$19.0M · 0.38%
Opus Ivs, Inc. MI$18.6M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 383051652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.