Plan Ledger DOL Form 5500 · updated monthly

KykenkeeProfit-sharing plan

KYKENKEE 401(K) PLAN · VANCE, AL · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Kykenkee reported $86,906 in plan administrative expenses for 2024: 0.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,996 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 0.60% to 0.80%. 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 420th-largest of 902 plans among Alabama employers on file, and 8,094th of 13,661 in manufacturing. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 133 to 154 since 2022.

Plan summary
Net assets, end of year$11,787,228
Participants with balances179
Active participants154
Employer contributions$461,350
Employee contributions$854,368
Employer contribution per active participant$2,996
Average account balance$65,850
Benefits paid to participants$465,572
Plan auditUnmodified (clean) audit opinion
AuditorWARREN AVERETT LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 179 accts · $461K emplr
2023$9.9M · 177 accts · $396K emplr
2022$8.5M · 158 accts · $363K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,116
Investment management$41,790
Total administrative$86,906
Employer contributions to the Kykenkee plan · 2024
Employer contribution per active participant$2,996
Median for plans this size$2,416
2024$2,996 per active participant
2023$2,789 per active participant
2022$2,732 per active participant

Kykenkee's 2024 employer contribution ran above 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 · 20242
RAYMOND JAMES · Investment advisory (plan)$41,790

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$86,906 · 0.80%
2023$70,536 · 0.77%
2022$53,506 · 0.60%
Similar plansManufacturing · Alabama
Atap, Inc. AL$12.8M
Hanon Systems USA, LLC AL$12.3M · 0.07%
Steward Machine Co., Inc. AL$11.6M · 0.03%
Big Springs, Inc. AL$11.4M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630784854 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.