Plan Ledger DOL Form 5500 · updated monthly

Kawasaki Tennessee, Inc.401(k)

KAWASAKI TENNESSEE INC. 401K PLAN · MORRISTOWN, TN · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Kawasaki Tennessee, Inc. reported $21,864 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $881 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 0.52% to 0.56%. 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 Tennessee (1,130th of 1,496), and 11,611th of 13,661 in manufacturing. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,260,628
Participants with balances144
Active participants242
Employer contributions$213,278
Employee contributions$320,107
Employer contribution per active participant$881
Average account balance$29,588
Benefits paid to participants$129,629
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 144 accts · $213K emplr
2023$3.5M · 135 accts · $206K emplr
2022$2.8M · 145 accts · $188K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,393
Investment management$7,471
Audit (IQPA)$9,000
Total administrative$21,864
The Kawasaki Tennessee, Inc. 401(k) match · 2024
Employer contribution per active participant$881
Median for plans this size$1,313
2024$881 per active participant
2023$859 per active participant
2022$754 per active participant

Kawasaki Tennessee, Inc.'s 2024 employer contribution ran below the $1,313 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
KRUGGEL, LAWTON & COMPANY, LLC · Accounting / audit$9,000
EMPOWER ADVISORY GROUP, LLC · Investment management$7,471
TENNESSEE PENSION ADMINISTRATORS · Contract administrator$5,255

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$21,864 · 0.56%
2023$20,128 · 0.64%
2022$15,520 · 0.52%
Same employer
Similar plansManufacturing · Tennessee
Zanini Tennessee, Inc. TN$4.4M · 0.13%
Signresource, LLC TN$4.3M · 0.41%
Eurotranciatura USA LLC TN$4.2M · 1.26%
Purity Zinc Metals, LLC TN$4.1M · 0.95%
Hamilton Plastics, Inc. TN$4.0M · 0.49%
Centurion Products, Inc. TN$4.0M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760719404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.