John Deere Kernersville, LLC401(k)
JOHN DEERE KERNERSVILLE, LLC EMPLOYEES' SAVINGS AND RETIREMENT PLAN · KERNERSVILLE, NC · plan year 2023
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
John Deere Kernersville, LLC reported $33,474 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,142 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 1 year on file its reported administrative ratio fell from 0.053% to 0.045%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 249th-largest of 2,005 plans among North Carolina employers on file, and the 2,241st of 13,661 in manufacturing. In 2023, the employer put in $1.01 for every $1.00 employees contributed themselves.
John Deere Kernersville, LLC's 2023 employer contribution ran above the $3,659 median for plans its size, placing it in the top quarter of its peers. 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 371232263 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.