Plan Ledger DOL Form 5500 · updated monthly

Kvk-Tech, Inc.401(k)

KVK-TECH, INC. 401K PLAN · NEWTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Kvk-Tech, Inc. reported $19,697 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,840 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 0.10% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,724th-largest of 3,651 plans among Pennsylvania employers on file, and the 6,663rd of 13,661 in manufacturing. In 2024, employees put in $3.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,583,679
Participants with balances396
Active participants347
Employer contributions$638,416
Employee contributions$1,998,865
Employer contribution per active participant$1,840
Average account balance$41,878
Benefits paid to participants$2,129,062
Plan auditUnmodified (clean) audit opinion
AuditorANDERS MINKLER HUBER & HELMLLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 396 accts · $638K emplr
2023$13.2M · 421 accts · $577K emplr
2022$9.7M · 418 accts · $601K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,697
Total administrative$19,697
The Kvk-Tech, Inc. 401(k) match · 2024
Employer contribution per active participant$1,840
Median for plans this size$2,416
2024$1,840 per active participant
2023$1,780 per active participant
2022$1,801 per active participant

Kvk-Tech, 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 · 20241
JULY BUSINESS SERVICES LLC · Recordkeeping · Trustee$19,697

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

Recordkeeper by year2
2024July Business Services
2023ADP

This plan has changed recordkeepers within these filings. If you left Kvk-Tech, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$19,697 · 0.13%
2023$10,479 · 0.09%
2022$9,880 · 0.10%
Similar plansManufacturing · Pennsylvania
Anro Inc. PA$17.2M · 0.42%
Channellock, Inc. PA$17.0M · 0.24%
Yuasa Battery, Inc. PA$16.9M · 0.04%
Vallorbs Jewel Company PA$16.7M · 0.35%
Dyco, Inc. PA$16.6M · 0.54%
Chemstream, Inc. PA$16.2M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200066907 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.