Plan Ledger DOL Form 5500 · updated monthly

Kem Krest Corporation401(k)

KEM KREST PROFIT SHARING & RETIREMENT PLAN · ELKHART, IN · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Kem Krest Corporation reported $146,530 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,432 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 0.489%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 409th-largest of 1,562 plans among Indiana employers on file, and the 4,260th of 13,661 in manufacturing. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has grown from 466 to 543 since 2022.

Plan summary
Net assets, end of year$32,190,030
Participants with balances622
Active participants543
Employer contributions$1,320,755
Employee contributions$2,520,161
Employer contribution per active participant$2,432
Average account balance$51,752
Benefits paid to participants$3,371,167
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$32.2M · 622 accts · $1.3M emplr
2023$27.7M · 604 accts · $1.1M emplr
2022$22.7M · 533 accts · $950K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$146,530
Total administrative$146,530
The Kem Krest Corporation 401(k) match · 2024
Employer contribution per active participant$2,432
Median for plans this size$2,416
2024$2,432 per active participant
2023$2,051 per active participant
2022$2,038 per active participant

Kem Krest Corporation's 2024 employer contribution ran above the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$146,530
ROYAL ALLIANCE ASSOCIATES, INC. · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$146,530 · 0.49%
2023$124,273 · 0.49%
2022$119,380 · 0.49%
Same employer
Similar plansManufacturing · Indiana
Intat Precision, Inc IN$33.7M · 0.28%
Lucas Oil Products, Inc. IN$33.6M · 0.45%
Task Force Tips, LLC IN$33.0M · 0.34%
Hammond Group, Inc. IN$33.0M · 0.05%
Elsa LLC IN$32.2M · 0.06%
Novae Corporation IN$31.7M · 0.64%
Harlan Foods, Inc. IN$31.6M · 0.55%
Batesville Tool & Die, Inc. IN$31.0M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351472953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.