Plan Ledger DOL Form 5500 · updated monthly

Katayama American Company, Inc.401(k)

KACI RETIREMENT SAVINGS PLAN · SHELBYVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Katayama American Company, Inc. reported $25,955 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,383 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 rose from 0.06% to 0.22%. 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 422nd-largest of 871 plans among Kentucky employers on file, and 7,996th of 13,661 in manufacturing. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 283 to 314 since 2022.

Plan summary
Net assets, end of year$12,118,893
Participants with balances356
Active participants314
Employer contributions$434,271
Employee contributions$793,181
Employer contribution per active participant$1,383
Average account balance$34,042
Benefits paid to participants$1,918,111
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 356 accts · $434K emplr
2023$11.5M · 329 accts · $260K emplr
2022$10.8M · 327 accts · $219K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,000
Investment management$2,016
Audit (IQPA)$13,939
Total administrative$25,955
The Katayama American Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,383
Median for plans this size$2,416
2024$1,383 per active participant
2023$917 per active participant
2022$775 per active participant

Katayama American Company, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
CHERRY BEKAERT, LLP · Recordkeeping · Pension consulting$13,938
ADP, INC. · Loan processing · Investment advisory (participants)$12,015
ADP BROKER-DEALER · Other servicesindirect comp
SANDERS AND SCHUTTE FINANCIAL PARTN · Other servicesindirect 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$25,955 · 0.22%
2023$5,800 · 0.05%
2022$7,061 · 0.06%
Same employer
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Dant Clayton Corporation KY$13.4M · 0.18%
Champion Petfoods USA Inc. KY$13.2M · 0.37%
Zeochem, LLC KY$12.1M · 0.40%
Tarter Companies KY$12.0M · 0.08%
Bonfiglioli USA KY$11.9M · 0.53%
Tarter Management KY$11.4M · 0.35%
Fabricated Metals, LLC KY$11.4M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611151139 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.