Plan Ledger DOL Form 5500 · updated monthly

Kalida Manufacturing Inc.401(k)

KMI 401(K) SAVINGS PLAN · KALIDA, OH · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Kalida Manufacturing Inc. reported $21,909 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $903 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 0.14% to 0.15%. 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 1,611th-largest of 3,295 plans among Ohio employers on file, and 7,145th of 13,661 in manufacturing. In 2024, employees put in $2.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,818,378
Participants with balances301
Active participants269
Employer contributions$243,005
Employee contributions$634,509
Employer contribution per active participant$903
Average account balance$49,230
Benefits paid to participants$1,349,307
Plan auditUnmodified (clean) audit opinion
AuditorBRIXEY AND MEYER, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 301 accts · $243K emplr
2023$14.0M · 275 accts · $218K emplr
2022$13.4M · 298 accts · $238K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,909
Total administrative$21,909
The Kalida Manufacturing Inc. 401(k) match · 2024
Employer contribution per active participant$903
Median for plans this size$2,416
2024$903 per active participant
2023$886 per active participant
2022$917 per active participant

Kalida Manufacturing 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 · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$21,909

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$21,909 · 0.15%
2023$4,300 · 0.03%
2022$20,973 · 0.14%
Same employer
Similar plansManufacturing · Ohio
Jackson Tube Service, Inc. OH$14.9M · 0.37%
Kent Displays Inc OH$14.9M · 0.10%
Sentrilock, LLC OH$14.8M · 0.49%
A & P Technology, Inc. OH$14.8M · 0.14%
Ssp Fittings Corp. OH$14.6M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341824762 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.