Plan Ledger DOL Form 5500 · updated monthly

L.K.L. Associates, Inc.401(k)

L.K.L. ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN · WEST JORDAN, UT · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

L.K.L. Associates, Inc. reported $12,458 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.23% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Utah (530th of 848), and 3,205th of 5,215 in retail trade.

Plan summary
Net assets, end of year$7,287,689
Participants with balances223
Active participants229
Employer contributions$0
Employee contributions$674,023
Employer contribution per active participant$0
Average account balance$32,680
Benefits paid to participants$209,068
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 223 accts
2023$6.0M · 209 accts
2022$4.7M · 214 accts · $1K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,715
Investment management$4,743
Total administrative$12,458
The L.K.L. Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

L.K.L. Associates, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
SENTRY LIFE INSURANCE COMPANY$7,715

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$12,458 · 0.19%
2023$13,099 · 0.24%
2022$11,332 · 0.23%
Same employer
Similar plansRetail Trade · Utah
Xyngular Corporation UT$7.6M · 0.82%
Owlet Baby Care Inc UT$7.2M · 0.61%
Pura Scents, Inc. UT$6.8M · 0.52%
Al's Sporting Goods, Inc. UT$6.4M · 1.21%
Surefoot L C UT$6.1M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870477256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.