Department of Labor filing

KLEINSCHMIDT ASSOCIATES, INC.

KLEINSCHMIDT ASSOCIATES EMPLOYEES PROFIT SHARING PLAN AND TRUST · For the plan year ended Dec 31, 2024

Public filing 2024 · received Jul 1, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

62filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$5,130

Reported employer contributions per active participant.

Higher than about 75% of comparable plans

#People in the filing

211

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$263 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 30% of comparable plans

↗Investment performance

Not available

Plan assets changed 15.0%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202462out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions75th percentileTypical peer $3,137 · based on 5,509 comparable plans

Lower reported administrative expense30th percentileTypical peer $173 · based on 5,672 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, KLEINSCHMIDT ASSOCIATES, INC. reported $1,082,436 in employer contributions across the plan and 211 active participants. That works out to $5,130 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy76%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 68.0%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 25.6%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context62/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $1,082,436
Participant contributions: $2,240,561
Other contributions: $2,232,671
Employer share of reported contributions: 32.6%
Beginning assets: $55,285,259
Ending assets: $63,570,107
Ending net assets: $63,570,107
Ending liabilities: $0
Total income: $13,092,618
Total expenses: $4,807,770
Administrative expenses: $72,157
Participant loans: $184,052

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$3,054

2023

$3,771

2024

$5,130

Plan-paid administrative expenses per participant

2022

$354

2023

$271

2024

$263

Active participants

2022

229

2023

214

2024

211

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$5,130	211	63.6M	20250701140723NAL0030798626001
2023	$3,771	214	55.3M	20240813092711NAL0005974739001
2022	$3,054	229	46.1M	20230926124343NAL0009090865001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.3%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 010371466-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Oct 1, 1980
Industry: Professional, scientific, and technical services
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D

Current plan terms

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Filing ACK_ID20250701140723NAL0030798626001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗