Plan Ledger DOL Form 5500 · updated monthly

K&N Engineering, Inc.401(k)

K&N ENGINEERING, INC. 401(K) PLAN · RIVERSIDE, CA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

K&N Engineering, Inc. reported $134,632 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $383 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 2 years on file its reported administrative ratio fell from 0.64% to 0.49%. 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 2,761st-largest of 9,483 plans among California employers on file, and the 4,615th of 13,661 in manufacturing. In 2024, employees put in $8.24 for every $1.00 the employer contributed; active participation has grown from 598 to 701 since 2022.

Plan summary
Net assets, end of year$28,859,870
Participants with balances940
Active participants701
Employer contributions$268,833
Employee contributions$2,214,284
Employer contribution per active participant$383
Average account balance$30,702
Benefits paid to participants$3,768,816
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.9M · 940 accts · $269K emplr
2023$26.4M · 807 accts · $1.2M emplr
2022$24.2M · 914 accts · $542K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$104,143
Investment management$30,489
Total administrative$134,632
The K&N Engineering, Inc. 401(k) match · 2024
Employer contribution per active participant$383
Median for plans this size$2,416
2024$383 per active participant
2023$2,126 per active participant
2022$906 per active participant

K&N Engineering, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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.

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
CREATIVE PLANNING LLC · Investment advisory (plan)$50,950

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$134,632 · 0.49%
2023$143,772 · 0.57%
2022$172,048 · 0.64%
Same employer
Similar plansManufacturing · California
Dunlop Manufacturing Inc CA$29.0M · 0.42%
Vintage Wine Estates CA$28.9M · 0.28%
Iridex Corporation CA$28.9M · 0.07%
Stangenes Industries, Inc. CA$28.9M · 0.46%
Eikon Therapeutics, Inc. CA$28.9M · 0.02%
Kti Inc. CA$28.8M · 0.59%
La Specialty Produce Co. CA$28.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952408507 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.