Plan Ledger DOL Form 5500 · updated monthly

The Krumland Company, LLC401(k)

THE KRUMLAND CO., LLC 401(K) PLAN · ROSWELL, NM · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

The Krumland Company, LLC reported $62,739 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,176 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 0.44% to 0.59%. 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 130th-largest of 290 plans among New Mexico employers on file, and the 2,405th of 5,215 in retail trade. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,254,506
Participants with balances266
Active participants194
Employer contributions$616,112
Employee contributions$971,284
Employer contribution per active participant$3,176
Average account balance$42,310
Benefits paid to participants$1,708,656
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 266 accts · $616K emplr
2023$10.0M · 250 accts · $606K emplr
2022$7.9M · 234 accts · $587K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,748
Investment management$12,991
Total administrative$62,739
The The Krumland Company, LLC 401(k) match · 2024
Employer contribution per active participant$3,176
Median for plans this size$2,416
2024$3,176 per active participant
2023$2,956 per active participant
2022$3,138 per active participant

The Krumland Company, LLC'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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$44,598
STADION MONEY MANAGEMENT · Investment advisory (participants)$12,991

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

Administrative cost history3
2024$62,739 · 0.59%
2023$52,165 · 0.58%
2022$36,236 · 0.44%
Similar plansRetail Trade · New Mexico
Forrest Tire Company, Inc. NM$22.9M · 2.38%
T & R Market, Inc. NM$13.4M · 0.01%
Chalmers Ford, Inc. NM$7.9M · 0.91%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 742845358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.