Plan Ledger DOL Form 5500 · updated monthly

The Kintetsu Retirement Plan Board401(k)

KINTETSU RETIREMENT PLAN · WHITE PLAINS, NY · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

The Kintetsu Retirement Plan Board reported $78,100 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,832 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 0.43% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 2,784th-largest of 5,648 plans among New York employers on file, and the 840th of 2,677 in transportation & warehousing. In 2024, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,746,430
Participants with balances219
Active participants144
Employer contributions$407,789
Employee contributions$595,261
Employer contribution per active participant$2,832
Average account balance$76,468
Benefits paid to participants$1,532,471
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 219 accts · $408K emplr
2023$15.4M · 231 accts · $217K emplr
2022$14.1M · 213 accts · $205K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,100
Total administrative$78,100
The The Kintetsu Retirement Plan Board 401(k) match · 2024
Employer contribution per active participant$2,832
Median for plans this size$2,416
2024$2,832 per active participant
2023$1,564 per active participant
2022$1,505 per active participant

The Kintetsu Retirement Plan Board'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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$26,473
PENTEGRA SERVICES, INC. · Recordkeeping · Loan processing$2,756
ASSET PLANNING AND PROTECTION LLC · Investment advisory (plan)$40,255
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$9,380

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

Recordkeeper by year2
2024Pentegra, Transamerica
2023Pentegra, Transamerica

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

Administrative cost history3
2024$78,100 · 0.49%
2023$71,076 · 0.48%
2022$68,305 · 0.43%
Similar plansTransportation & Warehousing · New York
Motivate LLC NY$17.1M · 0.63%
Qatar Airways Qcsc NY$17.1M · 0.07%
Teals Express Inc NY$14.8M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843609963 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.