Plan Ledger DOL Form 5500 · updated monthly

The Klein Company401(k)

THE KLEIN COMPANY 401K PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

The Klein Company reported $56,136 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $2,709 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 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Pennsylvania (2,533rd of 3,651), and 1,260th of 2,096 in real estate & leasing. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 80 to 88 since 2022.

Plan summary
Net assets, end of year$7,954,488
Participants with balances118
Active participants88
Employer contributions$238,434
Employee contributions$441,839
Employer contribution per active participant$2,709
Average account balance$67,411
Benefits paid to participants$1,423,880
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 118 accts · $238K emplr
2023$7.9M · 114 accts · $235K emplr
2022$6.7M · 103 accts · $222K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,797
Investment management$23,172
Trustee / custodial$167
Total administrative$56,136
The The Klein Company 401(k) match · 2024
Employer contribution per active participant$2,709
Median for plans this size$1,313
2024$2,709 per active participant
2023$2,906 per active participant
2022$2,776 per active participant

The Klein Company's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$32,797
MMA SECURITIES LLC · Consulting · Investment advisory (plan)$23,172

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$56,136 · 0.71%
2023$51,782 · 0.71%
2022$48,889 · 0.69%
Same employer
Similar plansReal Estate & Leasing · Pennsylvania
Rp Management Inc PA$8.2M · 0.14%
Kaiserman Company, Inc. PA$8.1M · 0.42%
S.W. Bajus, LTD. PA$7.9M · 0.44%
Continuum Companies, Inc. PA$7.5M · 0.14%
Lindy Property Management PA$7.5M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232516349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.