Plan Ledger DOL Form 5500 · updated monthly

V.K. Knowlton Construction & Utilities, Inc.401(k)

KNOWLTON EMPLOYEES' SAVINGS PLAN · SAN ANTONIO, TX · plan year 2022

Reported admin expense ratio · 2022
0.67%

V.K. Knowlton Construction & Utilities, Inc. reported $80,652 in plan administrative expenses for 2022: 0.67% of average plan assets, higher than ~90% of peers. 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 1 year on file its reported administrative ratio rose from 0.67% to 0.70%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (2,889th of 5,688), and 2,919th of 5,337 in construction.

Plan summary
Net assets, end of year$11,316,746
Participants with balances253
Active participants233
Employer contributions—
Employee contributions$1,050,820
Employer contribution per active participant—
Average account balance$44,730
Benefits paid to participants$753,161
Plan auditDisclaimer of opinion
AuditorSOL SCHWARTZ & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$10.6M · 217 accts
2022$11.3M · 253 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$39,974
Investment management$40,678
Total administrative$80,652
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

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
2024Not separately reported
2023$77,061 · 0.70%
2022$80,652 · 0.67%
Same employer
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Impact Floors of Texas, LLC TX$11.5M · 0.74%
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Rpm Xconstruction LLC TX$11.0M · 1.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741716421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.