Plan Ledger DOL Form 5500 · updated monthly

Kellanova401(k) + ESOP (KSOP)

KELLANOVA SAVINGS AND INVESTMENT PLAN · CHICAGO, IL · plan year 2024

Employer contribution per participant · 2024
$6,141

Kellanova's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $1,767,284,847 across 10,063 participant accounts, with employer contributions averaging $6,141 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 58th-largest of 3,702 plans among Illinois employers on file, and the 191st of 13,661 in manufacturing. In 2024, employees put in $1.37 for every $1.00 the employer contributed; active participation has shrunk from 7,891 to 6,944 since 2022.

Plan summary
Net assets, end of year$1,767,284,847
Participants with balances10,063
Active participants6,944
Employer contributions$42,646,492
Employee contributions$58,372,846
Employer contribution per active participant$6,141
Average account balance$175,622
Benefits paid to participants$186,188,442
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.8B · 10,063 accts · $42.6M emplr
2023$1.6B · 10,455 accts · $46.8M emplr
2022$1.6B · 11,521 accts · $46.5M emplr
The Kellanova 401(k) match · 2024
Employer contribution per active participant$6,141
Median for plans this size$5,259
2024$6,141 per active participant
2023$6,581 per active participant
2022$5,894 per active participant

Kellanova's 2024 employer contribution ran above the $5,259 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer3
KELLANOVA SAVINGS AND INVESTMENT PLAN401(k) + ESOP (KSOP)
KELLOGG COMPANY BAKERY, CONFECTIONERY, TOBACCO WORKERS AND GRAIN MILLERS SAVINGS AND INVESTMENT PLAN401(k) + ESOP (KSOP)
KELLANOVA PRINGLES SAVINGS AND INVESTMENT PLAN401(k) + ESOP (KSOP)
Same employer
Similar plansManufacturing · Illinois
Dover Corporation IL$1.9B · 0.08%
Brunswick Corporation IL$1.8B · 0.06%
Navistar Inc. IL$1.8B · 0.04%
Conagra Brands, Inc. IL$1.7B · 0.06%
Marmon Holdings, Inc IL$1.7B · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 380710690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.