Plan Ledger DOL Form 5500 · updated monthly

The Keffer Company401(k)

THE KEFFER COMPANY RETIREMENT SAVINGS PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

The Keffer Company reported $51,465 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $380 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 494th-largest of 2,005 plans among North Carolina employers on file, and the 903rd of 5,215 in retail trade. In 2024, employees put in $10.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,964,016
Participants with balances1,043
Active participants1,050
Employer contributions$399,078
Employee contributions$4,256,200
Employer contribution per active participant$380
Average account balance$33,523
Benefits paid to participants$4,626,733
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,465
Total administrative$51,465
The The Keffer Company 401(k) match · 2024
Employer contribution per active participant$380
Median for plans this size$2,416

The Keffer Company'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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$51,465
BDO USA, P.C. · Accounting / auditindirect comp
FORVIS, LLP · Accounting / auditindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history1
2024$51,465 · 0.16%
Similar plansRetail Trade · North Carolina
Flow Companies, LLC NC$39.1M · 0.24%
Alfred Williams & Company NC$39.1M · 0.37%
Colony Tire Corporation NC$38.8M · 0.63%
Furnitureland South, Inc. NC$38.8M · 0.17%
Reeds Jewelers, Inc. NC$34.9M · 0.46%
Hol-Dav, Inc. NC$33.6M · 0.63%
Black's Tire Service, Inc. NC$33.4M · 0.58%
Variety Wholesalers, Inc. NC$31.2M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200510889 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.