Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Kenan Advantage Group
Kenan Advantage Group 401(k)
- Transportation and warehousing
- North Canton, OH
- EIN 34-1950439
- 1 plan with Schedule H financials
- Plan year 2024
- Kenan Advantage Group, Inc.
- SEC registrant Kenan Advantage Group Inc
Administrative expenses excluding investment management, per participant · The Kenan Advantage Group, Inc. 401(k) Plan · plan year 2024
$100.82
Higher than 76% of the 2,324 plans $250M to 1B that report it.
Source
= $413,552 / 4,102
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251003123756NAL0000806803001, received 2025-10-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251003123756NAL0000806803001, received 2025-10-03
Percentiles compare this plan with the Schedule H plans $250M to 1B 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 2025-10-03.
Cost and contributions
Administrative expenses per participant
$117.46
Higher than 69% of the 2,405 plans $250M to 1B that report it.
Source
= $481,841 / 4,102
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251003123756NAL0000806803001, received 2025-10-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251003123756NAL0000806803001, received 2025-10-03
Administrative expenses as a share of assets
0.173%
Higher than 88% of the 2,407 plans $250M to 1B that report it.
Source
= $481,841 / $277,888,995
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251003123756NAL0000806803001, received 2025-10-03
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251003123756NAL0000806803001, received 2025-10-03
Employer contributions per participant
$1,434
Higher than 15% of the 2,457 plans $250M to 1B that report it.
Source
= $5,884,099 / 4,102
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251003123756NAL0000806803001, received 2025-10-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251003123756NAL0000806803001, received 2025-10-03
Employer share of total contributions
21.1%
Higher than 19% of the 2,459 plans $250M to 1B that report it.
Source
= $5,884,099 / $27,940,558
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251003123756NAL0000806803001, received 2025-10-03
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251003123756NAL0000806803001, received 2025-10-03
Plan terms, as stated in Kenan Advantage 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 · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251003123756NAL0000806803001, received 2025-10-03
Full record, The Kenan Advantage Group, Inc. 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | KENAN ADVANTAGE GROUP, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Plan name | THE KENAN ADVANTAGE GROUP, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Sponsor EIN / plan number | 34-1950439 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Sponsor location | NORTH CANTON, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Industry (business code) | 484110, Transportation and warehousing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Filing received | 2025-10-03 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Participants, beginning of year | 7,843 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Active participants | 6,717 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Participants, end of year | 7,454 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Participants with an account balance | 4,102 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Total assets, beginning of year | $260,888,479 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Total assets, end of year | $277,888,995 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Net assets, end of year | $277,888,995 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Total income | $57,073,343 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Net income | $13,628,469 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Employer contributions | $5,884,099 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Participant contributions | $19,945,966 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Other contributions (incl. rollovers) | $2,110,493 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Total contributions | $27,940,558 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Benefit payments | $42,902,876 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Total expenses (incl. benefit payments) | $43,444,874 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Total administrative expenses | $481,841 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Contract administrator fees | $392,002 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| IQPA audit fees | $21,550 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Investment advisory and management fees | $68,289 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Administrative expenses excluding investment management | $413,552 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Held in common/collective trusts | $174,839,045 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Held in mutual funds | $68,580,574 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251003123756NAL0000806803001, received 2025-10-03 |
| Independent auditor | 415 GROUP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251003123756NAL0000806803001, received 2025-10-03 |
Position = column in the DOL layout for form year 2024. Filing 20251003123756NAL0000806803001, received 2025-10-03.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANYrecordkeeper | CONTRACT ADMINISTRATOR | 13 Contract administrator; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $392,001 | yes |
| AON INVESTMENTS USA INC | INVESTMENT ADVISORY | 27 Investment advisory (plan); 50 Direct payment from the plan | $63,289 | no |
| 415 GROUP | ACCOUNTANT | 10 Accounting (including auditing); 27 Investment advisory (plan); 50 Direct payment from the plan | $26,550 | no |
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 20251003123756NAL0000806803001, received 2025-10-03.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $260,888,479 | $277,888,995 | 6.5% |
| Participants with a balance | 4,840 | 4,102 | -15.2% |
| Administrative expenses | $522,677 | $481,841 | -7.8% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $7,006,546 | $5,884,099 | -16.0% |
Prior filing 20241008102154NAL0008257155001, received 2024-10-08; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: KENAN ADVANTAGE GROUP, INC.; SEC registrant: KENAN ADVANTAGE GROUP INC (CIK 1298004, matched by EIN).