Plan Ledger DOL Form 5500 · updated monthly

Solstice Consulting, LLC dba Kin and Carta401(k)

KIN AND CARTA 401(K) PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.49%

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

Solstice Consulting, LLC dba Kin and Carta reported $203,499 in plan administrative expenses for 2023: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,162 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 has held roughly steady near 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 949th-largest of 3,702 plans among Illinois employers on file, and the 2,843rd of 11,654 in professional & technical services. In 2023, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,088,355
Participants with balances869
Active participants545
Employer contributions$2,813,371
Employee contributions$6,240,562
Employer contribution per active participant$5,162
Average account balance$55,338
Benefits paid to participants$7,009,091
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $2.5M emplr
2023$48.1M · 869 accts · $2.8M emplr
2022$35.4M · 898 accts · $2.8M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$57,800
Investment management$8,449
Total administrative$203,499
The Solstice Consulting, LLC dba Kin and Carta 401(k) match · 2023
Employer contribution per active participant$5,162
Median for plans this size$2,440
2023$5,162 per active participant
2022$4,560 per active participant

Solstice Consulting, LLC dba Kin and Carta's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MERCER (US) INC MERCER INVESTMENTS · Investment advisory (plan)$137,250
EMPOWER ADVISORY GROUP, LLC · Investment management$8,449

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

Administrative cost history3
2024Not separately reported
2023$203,499 · 0.49%
2022$179,711 · 0.50%
Same employer
Similar plansProfessional & Technical Services · Illinois
Solomon Cordwell Buenz IL$49.5M · 0.38%
Collins Engineers, Inc. IL$49.5M · 0.17%
Wisetech Global (US) Inc. IL$48.0M · 0.04%
Gamma Technologies, LLC IL$47.2M · 0.21%
Brown & Joseph, LLC IL$46.4M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364481735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.