Plan Ledger DOL Form 5500 · updated monthly

Karl Storz Imaging, Inc.401(k)

KARL STORZ IMAGING, INC. EMPLOYEES' SAVINGS PLAN · GOLETA, CA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Karl Storz Imaging, Inc. reported $107,719 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $4,696 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 0.13% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 902nd-largest of 9,483 plans among California employers on file, and the 1,717th of 13,661 in manufacturing. In 2024, employees put in $2.96 for every $1.00 the employer contributed; active participation has shrunk from 366 to 320 since 2022.

Plan summary
Net assets, end of year$115,076,399
Participants with balances467
Active participants320
Employer contributions$1,502,613
Employee contributions$4,442,369
Employer contribution per active participant$4,696
Average account balance$246,416
Benefits paid to participants$11,162,864
Plan auditUnmodified (clean) audit opinion
AuditorGREEN, HASSON & JANKS, LLP
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$115.1M · 467 accts · $1.5M emplr
2023$106.7M · 487 accts · $1.4M emplr
2022$95.6M · 488 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,002
Investment management$59,417
Total administrative$107,719
The Karl Storz Imaging, Inc. 401(k) match · 2024
Employer contribution per active participant$4,696
Median for plans this size$3,635
2024$4,696 per active participant
2023$3,906 per active participant
2022$3,780 per active participant

Karl Storz Imaging, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. 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
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$58,745

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

Administrative cost history4
2025Not separately reported
2024$107,719 · 0.10%
2023$128,507 · 0.13%
2022$136,361 · 0.13%
Similar plansManufacturing · California
Gopro, Inc. CA$117.5M · 0.05%
Guess, Inc. CA$116.3M · 0.34%
Gillig LLC CA$112.4M · 0.07%
Bronco Wine Company CA$111.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770018084 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.