Plan Ledger DOL Form 5500 · updated monthly

Urethane of Kentuckiana, Inc.401(k)

URETHANE OF KENTUCKIANA, INC. 401(K)/PROFIT SHARING PLAN & TRUST AGMT · NEW ALBANY, IN · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Urethane of Kentuckiana, Inc. reported $69,214 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $3,164 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 fell from 0.39% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 542nd-largest of 1,562 plans among Indiana employers on file, and the 1,949th of 5,337 in construction. In 2024, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,179,545
Participants with balances158
Active participants124
Employer contributions$392,390
Employee contributions$807,168
Employer contribution per active participant$3,164
Average account balance$134,048
Benefits paid to participants$704,986
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$21.2M · 158 accts · $392K emplr
2023$18.0M · 157 accts · $372K emplr
2022$14.4M · 153 accts · $542K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,935
Investment management$48,279
Total administrative$69,214
The Urethane of Kentuckiana, Inc. 401(k) match · 2024
Employer contribution per active participant$3,164
Median for plans this size$2,416
2024$3,164 per active participant
2023$2,909 per active participant
2022$4,374 per active participant

Urethane of Kentuckiana, Inc.'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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$4,924
RAYMOND JAMES INSURANCE GROUP, INC. · Investment advisory (participants)$44,006

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$69,214 · 0.35%
2023$47,404 · 0.29%
2022$61,614 · 0.39%
Similar plansConstruction · Indiana
Custom Concrete Co., Inc IN$22.7M · 0.26%
R.T. Moore Co. Inc. IN$22.4M · 0.44%
Biehle Electric, Inc. IN$19.7M · 0.26%
Beer & Slabaugh, Inc. IN$19.4M · 0.46%
Crown Corr, Inc. IN$18.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610852093 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.