Retirement plan

KENT COMPANIES, INC. PROFIT SHARING AND 401(K) SAVINGS PLAN

Name: KENT COMPANIES, INC. - KENT COMPANIES, INC. PROFIT SHARING AND 401(K) SAVINGS PLAN (2025) Form 5500
Creator: KENT COMPANIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KENT COMPANIES, INC. PROFIT SHARING AND 401(K) SAVINGS PLAN, KENT COMPANIES, INC.

KENT COMPANIES, INC.EIN 38-1913848Plan #002PY 2025

130 60TH STREET, SW - GRAND RAPIDS, MI 495485703616-534-4909kentcompanies.comLinkedIn1001-5000 employeesconstruction

Prospect flagsLow participationLow employer contributionCorrective distributions

Top hat statement on fileNQDC

Filed September 29, 2025

Plan administrator

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130 6th Street SW

Grand Rapids, MI 49548

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Plans declared (1)

Key Executive Incentive Plan31 emp

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Total assets (EOY)

$36.6M

+9.5% from 2024

Total participants

2,080

+19.2% from 2024

Average account balance

$54,658

+15.8% from 2024

Annual return

10.73%

-6.20 pp from 2024

Benchmarks

See 166 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort166 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$36.57M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$55K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

669

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

27.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.73%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$188

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
MACATAWA BANK2 years Service code 15 · EIN 38-3378283	Recordkeeping	$125,635

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H2T2S

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$126K

$65 / participant

Other / not subdivided$126K100.0%

% of EOY assets

0.344%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DOEREN MAYHEW ASSURANCE
Auditor EIN: 382492570
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,658

$106,351-48.6%

$105,223-48.1%

$103,975-47.4%

Participation rate

27.0%

80.0%-53.0pp

75.0%-48.0pp

72.5%-45.5pp

Annual return

10.73%

11.69%-1.0pp

180.65%-169.9pp

19.41%-8.7pp

Employer contribution / active EE

$587

$5,336-89.0%

$3,689-84.1%

$3,722-84.2%

Participant deferral / active EE

$1,548

$3,221-51.9%

$5,072-69.5%

$5,343-71.0%

Admin fee / account holder

$188

$316-40.5%

$8,859-97.9%

$332-43.5%

Provider

Service type

Compensation

MACATAWA BANK2 years

Service code 15 · EIN 38-3378283

Recordkeeping

$125,635

KENT COMPANIES, INC. PROFIT SHARING AND 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KENT COMPANIES, INC. PROFIT SHARING AND 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion