Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Kaufman H W Financial Group
Kaufman H W Financial Group 401(k)
- Finance and insurance
- Farmington Hills, MI
- EIN 38-1903339
- 1 plan with Schedule H financials
- Plan year 2024
- Kaufman H W Financial Group Inc
- filed as H.W. Kaufman Financial Group
Administrative expenses excluding investment management, per participant · H. W. Kaufman Financial Group Retirement Savings Plan · plan year 2024
$210.41
Higher than 86% of the 8,758 plans $50 to 250M that report it.
Source
= $385,684 / 1,833
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008123154NAL0005549745001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008123154NAL0005549745001, received 2025-10-08
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-08.
Cost and contributions
Administrative expenses per participant
$210.41
Higher than 73% of the 9,042 plans $50 to 250M that report it.
Source
= $385,684 / 1,833
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008123154NAL0005549745001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008123154NAL0005549745001, received 2025-10-08
Administrative expenses as a share of assets
0.248%
Higher than 80% of the 9,049 plans $50 to 250M that report it.
Source
= $385,684 / $155,462,341
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008123154NAL0005549745001, received 2025-10-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008123154NAL0005549745001, received 2025-10-08
Employer contributions per participant
$2,153
Higher than 37% of the 9,105 plans $50 to 250M that report it.
Source
= $3,947,032 / 1,833
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008123154NAL0005549745001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008123154NAL0005549745001, received 2025-10-08
Employer share of total contributions
22.1%
Higher than 25% of the 9,112 plans $50 to 250M that report it.
Source
= $3,947,032 / $17,887,654
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008123154NAL0005549745001, received 2025-10-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008123154NAL0005549745001, received 2025-10-08
Plan terms, as stated in Kaufman H W Financial Group Inc's SEC filings
Plan terms are not published in public filings.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251008123154NAL0005549745001, received 2025-10-08
Full record, H. W. Kaufman Financial Group Retirement Savings Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | H.W. KAUFMAN FINANCIAL GROUP | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Plan name | H. W. KAUFMAN FINANCIAL GROUP RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Sponsor EIN / plan number | 38-1903339 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Sponsor location | FARMINGTON HILLS, MI | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Industry (business code) | 524290, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Filing received | 2025-10-08 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Participants, beginning of year | 2,118 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Active participants | 1,440 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Participants, end of year | 1,879 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Participants with an account balance | 1,833 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Total assets, beginning of year | $136,501,325 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Total assets, end of year | $155,462,341 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Net assets, end of year | $155,462,341 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Total income | $36,133,232 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Net income | $19,017,453 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Employer contributions | $3,947,032 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Participant contributions | $12,533,672 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Other contributions (incl. rollovers) | $1,406,950 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Total contributions | $17,887,654 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Benefit payments | $16,730,095 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Total expenses (incl. benefit payments) | $17,115,779 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Total administrative expenses | $385,684 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Contract administrator fees | $385,684 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Administrative expenses excluding investment management | $385,684 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Held in mutual funds | $0 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251008123154NAL0005549745001, received 2025-10-08 |
| Independent auditor | DERDERIAN, KANN, SEYFERTH & SALUCCI | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251008123154NAL0005549745001, received 2025-10-08 |
Position = column in the DOL layout for form year 2024. Filing 20251008123154NAL0005549745001, received 2025-10-08.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | RECORDKEEPER | 64 Recordkeeping fees | $21,035 | yes |
| MESIROW FINANCIAL INVESTMENT MANAGE | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $1,878 | no |
| THE RETIREMENT ADVANTAGE INC | CONTRACT ADMIN | 13 Contract administrator | $515 | no |
| MICHAEL,MARK,CICCHELLA | BROKER/ADVISER | 55 Other commissions | $0 | yes |
| SIGMA FINANCIAL CORPORATION | BROKER/ADVISER | 55 Other commissions | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251008123154NAL0005549745001, received 2025-10-08.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $136,501,325 | $155,462,341 | 13.9% |
| Participants with a balance | 1,998 | 1,833 | -8.3% |
| Administrative expenses | $258,644 | $385,684 | 49.1% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $3,164,515 | $3,947,032 | 24.7% |
Prior filing 20241014091328NAL0051672930001, received 2024-10-14; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: H.W. KAUFMAN FINANCIAL GROUP; SEC registrant: KAUFMAN H W FINANCIAL GROUP INC (CIK 54750, matched by EIN).