Plan Ledger DOL Form 5500 · updated monthly

Kustom US, Inc.401(k)

KUSTOM US, INC. 401(K) PLAN · LONGWOOD, FL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Kustom US, Inc. reported $26,041 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,269 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 1.22% to 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is the 1,691st-largest of 3,644 plans among Florida employers on file, and 2,955th of 5,337 in construction. In 2024, employees put in $2.35 for every $1.00 the employer contributed; active participation has grown from 300 to 623 since 2022.

Plan summary
Net assets, end of year$10,964,202
Participants with balances529
Active participants623
Employer contributions$790,438
Employee contributions$1,858,678
Employer contribution per active participant$1,269
Average account balance$20,726
Benefits paid to participants$1,719,736
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 529 accts · $790K emplr
2023$8.7M · 296 accts · $713K emplr
2022$6.1M · 276 accts · $576K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,845
Investment management$196
Total administrative$26,041
The Kustom US, Inc. 401(k) match · 2024
Employer contribution per active participant$1,269
Median for plans this size$1,313
2024$1,269 per active participant
2023$1,336 per active participant
2022$1,920 per active participant

Kustom US, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$25,845

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$26,041 · 0.27%
2023$64,769 · 0.88%
2022$75,965 · 1.22%
Same employer
Similar plansConstruction · Florida
Terry's Electric, Inc. FL$11.9M · 0.44%
Ahs Residential, LLC FL$11.5M · 0.55%
Full Circle Fiber Partners FL$11.2M · 0.87%
Electric Services, Inc. FL$10.5M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341027047 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.