Department of Labor filing

KOONS OF SILVER SPRING, INC.

KOONS OF SILVER SPRING RETIREMENT SAVINGS PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Mar 17, 2026Verified current terms Not available

Plan at a glance

How good does the filing look?

65filing 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

$1,451

Reported employer contributions per active participant.

Higher than about 72% of comparable plans

#People in the filing

166

Active participants reported for 2024.

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

¢Visible plan-paid fees

$177 / participant

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

Lower cost than about 47% of comparable plans

↗Investment performance

Not available

Plan assets changed 15.8%, 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 · 202465out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions72nd percentileTypical peer $921 · based on 863 comparable plans

Lower reported administrative expense47th percentileTypical peer $169 · based on 934 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, KOONS OF SILVER SPRING, INC. reported $240,867 in employer contributions across the plan and 166 active participants. That works out to $1,451 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 trendDown 34.2%

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

Expense trendDown 22.9%

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

Peer context65/100

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: $240,867
Participant contributions: $712,384
Other contributions: $138,946
Employer share of reported contributions: 25.3%
Beginning assets: $7,326,409
Ending assets: $8,486,772
Ending net assets: $8,486,772
Ending liabilities: $0
Total income: $2,070,527
Total expenses: $910,164
Administrative expenses: $32,694
Participant loans: $205,819

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

$2,204

2023

$1,281

2024

$1,451

Plan-paid administrative expenses per participant

2022

$229

2023

$147

2024

$177

Active participants

2022

114

2023

130

2024

166

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,451	166	8.5M	20260317141450NAL0001812499001
2023	$1,281	130	7.3M	20241015132004NAL0028551153001
2022	$2,204	114	5.6M	20240726114349NAL0008925427001

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: 2.4%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 271922654-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Oct 1, 2017
Industry: Retail trade
Amended filing: Yes
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
FIDELITY WORKPLACE SERVICES LLC	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20260317141450NAL0001812499001

Data sourceDOL Form 5500 bulk data ↗

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