Plan Ledger DOL Form 5500 · updated monthly

Kagome Inc.401(k)

KAGOME INC. 401(K) PLAN · LOS BANOS, CA · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Kagome Inc. reported $113,064 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $896 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 0.69% to 0.76%. 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 4,152nd-largest of 9,483 plans among California employers on file, and the 6,694th of 13,661 in manufacturing. In 2024, employees put in $4.47 for every $1.00 the employer contributed; active participation has grown from 334 to 431 since 2022.

Plan summary
Net assets, end of year$16,428,501
Participants with balances467
Active participants431
Employer contributions$386,080
Employee contributions$1,726,138
Employer contribution per active participant$896
Average account balance$35,179
Benefits paid to participants$1,024,199
Plan auditUnmodified (clean) audit opinion
AuditorSCHWARTZ GIANNINI LANTSTSBERGER & A
Plan history3
Yearassets · accounts · employer contribution
2024$16.4M · 467 accts · $386K emplr
2023$13.5M · 443 accts · $340K emplr
2022$10.8M · 329 accts · $297K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,214
Audit (IQPA)$9,850
Total administrative$113,064
The Kagome Inc. 401(k) match · 2024
Employer contribution per active participant$896
Median for plans this size$2,416
2024$896 per active participant
2023$872 per active participant
2022$888 per active participant

Kagome 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$103,213
SCHWARTZ, GAINNINI, · Accounting / audit$9,850
LPL FINANCIAL LLC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$113,064 · 0.76%
2023$107,433 · 0.88%
2022$79,406 · 0.69%
Same employer
Similar plansManufacturing · California
Mp Associates, Inc. CA$16.6M · 0.00%
C. Mondavi & Family CA$16.3M · 0.03%
Gorilla Circuits CA$16.2M · 0.49%
O'Neill Wetsuits, LLC CA$16.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770474469 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.