Plan Ledger DOL Form 5500 · updated monthly

K.T.G. USA401(k)

K.T.G., USA SALARY EMPLOYEES 401(K) PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

K.T.G. USA reported $13,338 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,855 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 rose from 0.05% to 0.07%. 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 516th-largest of 1,496 plans among Tennessee employers on file, and the 5,576th of 13,661 in manufacturing. In 2024, employees put in $1.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,940,762
Participants with balances153
Active participants120
Employer contributions$1,302,645
Employee contributions$1,516,951
Employer contribution per active participant$10,855
Average account balance$143,404
Benefits paid to participants$2,063,393
Plan auditUnmodified (clean) audit opinion
AuditorATA, PC
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 153 accts · $1.3M emplr
2023$18.7M · 143 accts · $1.2M emplr
2022$15.5M · 155 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,835
Investment management$10,503
Total administrative$13,338
The K.T.G. USA 401(k) match · 2024
Employer contribution per active participant$10,855
Median for plans this size$2,416
2024$10,855 per active participant
2023$10,748 per active participant
2022$9,251 per active participant

K.T.G. USA's 2024 employer contribution ran above the $2,416 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.

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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$10,503
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,835

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$13,338 · 0.07%
2023$10,667 · 0.06%
2022$7,615 · 0.05%
All plans at this employer2
K.T.G. USA LP 401(K) PLAN401(k)
K.T.G., USA SALARY EMPLOYEES 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Tennessee
Huf North America TN$24.1M · 0.43%
Highly Marelli USA TN$23.3M · 0.14%
The Robinette Company TN$21.5M · 0.44%
Card-Monroe Corp. TN$20.9M · 0.26%
Uster Technologies, Inc. TN$20.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481280850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.