Keller Management Services, LLC 401(k) Review & Grade
Keller North America Retirement Savings Profit Sharing Plan
Hanover, MDConstruction4,083 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,634Employer $ per active participant
$4,125Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$312.2MNet plan assets, end of year
$84,653Average balance per account
Score breakdown
- Employer generosity30.0 / 5060th percentile for employer $ per participant
- Low cost15.1 / 2560th percentile for low admin cost vs. same-size plans
- Employee saving6.4 / 1543th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score62 / 100 · Grade B
This plan vs. peers
Peers: Construction plans with 2,500–9,999 active participants (76 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 60th |
| Lower admin cost | 60th |
| Employee saving | 43th |
| Peers that auto-enroll | 57% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Keller Management Services put in about $2,634 per active participant, more than the typical peer ($1,965). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $10,755,726 |
| Participant (employee) contributions | $16,844,150 |
| Other contributions (incl. rollovers in) | $1,106,566 |
| Administrative expenses paid from the plan | $273,339 |
| Investment advisory & management fees | $57,650 |
| Other admin expenses | $21,332 |
| Benefits paid out | $39,229,995 |
| Net assets, start / end of year | $290.0M / $312.2M |
| Active participants, start / end of year | 4,940 / 3,226 |
| Participants with account balances | 3,688 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Citrin Cooperman & Company, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $171,782 reported compensation |
| Kestra Advisory Services LLC | $57,650 reported compensation |
| Citrin Cooperman & Company LLP | $22,575 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008090046NAL0009068080001, received 2025-10-08, EIN 52-1691496, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.