Plan Ledger DOL Form 5500 · updated monthly

Kyani, Inc401(k)

KYANI, INC. 401(K) RETIREMENT PLAN · IDAHO FALLS, ID · plan year 2022

Reported admin expense ratio · 2022
0.58%

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

Kyani, Inc reported $20,768 in plan administrative expenses for 2022: 0.58% of average plan assets, above the peer median. Employer contributions averaged $2,542 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Idaho (262nd of 349), and 3,885th of 4,246 in wholesale trade. In 2022, employees put in $2.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,396,191
Participants with balances102
Active participants68
Employer contributions$172,831
Employee contributions$435,842
Employer contribution per active participant$2,542
Average account balance$33,296
Benefits paid to participants$433,825
Plan auditUnmodified (clean) audit opinion
AuditorCOOPER NORMAN
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $56K emplr
2022$3.4M · 102 accts · $173K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$20,768
Total administrative$20,768
The Kyani, Inc 401(k) match · 2022
Employer contribution per active participant$2,542
Median for plans this size$1,114

Kyani, Inc's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$20,768 · 0.58%
Same employer
Similar plansWholesale Trade · Idaho
Lightforce USA Inc. ID$10.5M · 0.03%
Rs&I Inc. ID$8.4M · 0.34%
Premier Performance, LLC ID$7.3M · 0.56%
Grease Monkey ID$503K · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202921309 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.