Plan Ledger DOL Form 5500 · updated monthly

Katzkin Leather Inc.401(k)

KATZKIN LEATHER INC. EMPLOYEES 401K PLAN · MONTEBELLO, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Katzkin Leather Inc. reported $14,866 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.31% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,163rd of 9,483), and 11,451st of 13,661 in manufacturing. active participation has shrunk from 394 to 333 since 2022.

Plan summary
Net assets, end of year$4,543,128
Participants with balances158
Active participants333
Employer contributions$0
Employee contributions$372,589
Employer contribution per active participant$0
Average account balance$28,754
Benefits paid to participants$340,477
Plan auditUnmodified (clean) audit opinion
AuditorHOLTHOUSE CARLIN AND VAN TRIGT LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 158 accts
2023$4.0M · 178 accts
2022$3.4M · 180 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,024
Investment management$12,842
Total administrative$14,866
The Katzkin Leather Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Katzkin Leather Inc.'s 2024 employer contribution ran below the $1,313 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$2,699
RAYMOND JAMES AND ASSO INC · Investment advisory (participants) · Investment advisory (plan)$12,842

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$14,866 · 0.35%
2023$12,710 · 0.34%
2022$11,857 · 0.31%
Same employer
Similar plansManufacturing · California
Byrnes & Kiefer Co., Inc. CA$4.6M · 0.58%
Somacis Inc CA$4.5M · 0.59%
Moshay, Inc. CA$4.5M · 0.68%
Telesis Bio, Inc CA$4.5M · 1.36%
Splay Inc CA$4.5M · 0.51%
Universal Custom Display CA$4.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223608797 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.