Plan Ledger DOL Form 5500 · updated monthly

Katun Corporation401(k)

KATUN CORPORATION EMPLOYEE RETIREMENT BENEFIT AND SAVINGS PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Katun Corporation reported $50,232 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $1,239 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 3 years on file its reported administrative ratio has held roughly steady near 0.160%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 658th-largest of 1,918 plans among Minnesota employers on file, and the 1,279th of 4,246 in wholesale trade. In 2024, employees put in $4.87 for every $1.00 the employer contributed; active participation has grown from 83 to 95 since 2022.

Plan summary
Net assets, end of year$32,211,254
Participants with balances203
Active participants95
Employer contributions$117,747
Employee contributions$572,844
Employer contribution per active participant$1,239
Average account balance$158,676
Benefits paid to participants$3,097,877
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.2M · 203 accts · $118K emplr
2023$30.7M · 170 accts · $140K emplr
2022$28.0M · 181 accts · $158K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,104
Investment management$27,128
Total administrative$50,232
The Katun Corporation 401(k) match · 2024
Employer contribution per active participant$1,239
Median for plans this size$2,416
2024$1,239 per active participant
2023$1,734 per active participant
2022$1,906 per active participant

Katun Corporation'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 · 20242
CHRISTENSEN GROUP FINANCIAL LLC · Investment advisory (plan)$25,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,104

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$50,232 · 0.16%
2023$52,093 · 0.18%
2022$51,902 · 0.16%
Same employer
Similar plansWholesale Trade · Minnesota
Lindstrom, LLC MN$34.0M · 0.29%
Uhl Company, Inc. MN$32.6M · 0.21%
Power/Mation Division, Inc. MN$32.5M · 0.01%
Upper Lakes Foods, Inc. MN$29.9M · 0.24%
Foss North America, Inc. MN$27.9M · 0.03%
Hartfiel Automation, Inc. MN$27.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411335933 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.