Plan Ledger DOL Form 5500 · updated monthly

General Kinematics Corporation401(k)

GENERAL KINEMATICS PROFIT SHARING AND EMPLOYEE'S 401(K) SAVINGS PLAN · CRYSTAL LAKE, IL · plan year 2024

Reported admin expense ratio · 2024
0.13%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

General Kinematics Corporation reported $61,317 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,278 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 905th-largest of 3,702 plans among Illinois employers on file, and the 3,124th of 13,661 in manufacturing. In 2024, employees put in $3.60 for every $1.00 the employer contributed; active participation has grown from 208 to 265 since 2022.

Plan summary
Net assets, end of year$50,529,466
Participants with balances311
Active participants265
Employer contributions$603,563
Employee contributions$2,175,041
Employer contribution per active participant$2,278
Average account balance$162,474
Benefits paid to participants$1,538,965
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO LTD
Plan history3
Yearassets · accounts · employer contribution
2024$50.5M · 311 accts · $604K emplr
2023$42.0M · 269 accts · $521K emplr
2022$36.7M · 243 accts · $199K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,269
Investment management$22,048
Total administrative$61,317
The General Kinematics Corporation 401(k) match · 2024
Employer contribution per active participant$2,278
Median for plans this size$2,416
2024$2,278 per active participant
2023$2,234 per active participant
2022$957 per active participant

General Kinematics Corporation's 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$39,269
ROTHSCHILD INVESTMENT CORP · Investment advisory (plan)$22,048

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$61,317 · 0.13%
2023$53,849 · 0.14%
2022$56,870 · 0.14%
Same employer
Similar plansManufacturing · Illinois
Carus LLC IL$52.1M · 0.01%
Tempel Steel Company, LLC IL$51.7M · 0.31%
Transcendia, Inc. IL$51.5M · 0.18%
Land O'Frost, Inc. IL$50.4M · 0.44%
McLaughlin Body Company IL$50.4M · 0.03%
Cambium Networks, Inc. IL$49.9M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362435662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.