Plan Ledger DOL Form 5500 · updated monthly

Kwik Trip, Inc.401(k)

KWIK TRIP PROFIT SHARING 401(K) PLAN · LA CROSSE, WI · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Kwik Trip, Inc. reported $1,769,103 in plan administrative expenses for 2024: 0.17% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,196 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 0.24% to 0.17%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other retail trade employers. By assets it is the 31st-largest of 1,936 plans among Wisconsin employers on file, and the 53rd of 5,215 in retail trade. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has grown from 24,596 to 27,129 since 2022.

Plan summary
Net assets, end of year$1,113,873,487
Participants with balances30,366
Active participants27,129
Employer contributions$59,572,496
Employee contributions$85,726,378
Employer contribution per active participant$2,196
Average account balance$36,682
Benefits paid to participants$88,378,544
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.1B · 30,366 accts · $59.6M emplr
2023$925.8M · 29,442 accts · $53.4M emplr
2022$687.4M · 27,354 accts · $57.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,686,085
Investment management$83,018
Total administrative$1,769,103
The Kwik Trip, Inc. 401(k) match · 2024
Employer contribution per active participant$2,196
Median for plans this size$5,259
2024$2,196 per active participant
2023$2,013 per active participant
2022$2,346 per active participant

Kwik Trip, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$1,686,085
MARQUETTE ASSOCIATES, IN · Investment advisory (plan)$83,018

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$1,769,103 · 0.17%
2023$1,602,462 · 0.20%
2022$1,485,134 · 0.24%
Same employer
Similar plansRetail Trade · Wisconsin
Kohl's Inc. WI$2.3B
Qvc, Inc. PA$1.1B · 0.07%
Autozone, Inc. TN$1.1B · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391036365 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.