Plan Ledger DOL Form 5500 · updated monthly

Kaufman Trailers, LLC401(k)

KAUFMAN TRAILERS 401(K) PLAN · DENTON, NC · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Kaufman Trailers, LLC reported $66,164 in plan administrative expenses for 2024: 0.83% of average plan assets, above the peer median. Employer contributions averaged $523 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 2.30% to 0.83%. 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 North Carolina (1,178th of 2,005), and 9,229th of 13,661 in manufacturing. In 2024, employees put in $4.86 for every $1.00 the employer contributed; active participation has shrunk from 843 to 758 since 2022.

Plan summary
Net assets, end of year$9,000,646
Participants with balances842
Active participants758
Employer contributions$396,748
Employee contributions$1,929,253
Employer contribution per active participant$523
Average account balance$10,690
Benefits paid to participants$1,200,297
Plan auditUnmodified (clean) audit opinion
AuditorMELISSA G. CRITCHER, CPA, PC
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 842 accts · $397K emplr
2023$7.0M · 913 accts · $455K emplr
2022$4.1M · 903 accts · $228K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,164
Total administrative$66,164
The Kaufman Trailers, LLC 401(k) match · 2024
Employer contribution per active participant$523
Median for plans this size$1,313
2024$523 per active participant
2023$559 per active participant
2022$270 per active participant

Kaufman Trailers, LLC'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 · 20245
TRINITY PENSION GROUP · Contract administrator$59,882
IRON FIDUCIARY · Named fiduciary$5,060
NATIONWIDE LIFE INSURANCE COMPANY · Insurance services$2,032
NATIONWIDE$843
NORTHWESTERN MUTUAL INV SRV LLC · Securities brokerageindirect 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$66,164 · 0.83%
2023$78,180 · 1.40%
2022$91,840 · 2.30%
Same employer
Similar plansManufacturing · North Carolina
Flexgen Power Systems NC$9.3M · 0.46%
Ecr Technologies, LLC NC$9.1M · 0.12%
McMichael Mills, Inc. NC$9.1M · 0.14%
New Page Capital, LLC NC$8.8M · 0.60%
House-Autry Mills, Inc. NC$8.6M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 882743153 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.