Plan Ledger DOL Form 5500 · updated monthly

The Kamson Corporation401(k)

THE KAMSON CORPORATION 401(K) PROFIT SHARING PLAN & TRUST · ENGLEWOOD CLIFFS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

The Kamson Corporation reported $6,532 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $715 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 3 years on file its reported administrative ratio has held roughly steady near 0.043%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,166th-largest of 2,419 plans among New Jersey employers on file, and the 778th of 2,096 in real estate & leasing. In 2024, employees put in $5.24 for every $1.00 the employer contributed; active participation has grown from 307 to 366 since 2022.

Plan summary
Net assets, end of year$16,802,990
Participants with balances456
Active participants366
Employer contributions$261,670
Employee contributions$1,370,774
Employer contribution per active participant$715
Average account balance$36,849
Benefits paid to participants$601,762
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 456 accts · $262K emplr
2023$13.8M · 438 accts · $240K emplr
2022$12.0M · 413 accts · $221K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,532
Total administrative$6,532
The The Kamson Corporation 401(k) match · 2024
Employer contribution per active participant$715
Median for plans this size$2,416
2024$715 per active participant
2023$667 per active participant
2022$719 per active participant

The Kamson Corporation's 2024 employer contribution ran below the $2,416 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$6,532
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$6,532 · 0.04%
2023$5,566 · 0.04%
2022$5,500 · 0.04%
Same employer
Similar plansReal Estate & Leasing · New Jersey
Ironstate Properties LLC NJ$25.7M · 0.03%
Marlin Leasing Corporation NJ$24.6M · 0.30%
Nexus Management, LLC NJ$16.8M · 0.48%
Ingerman Management Company NJ$15.7M · 0.24%
Russo Development, LLC NJ$15.7M · 0.09%
Matrix Realty Inc. NJ$15.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222176176 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.