Plan Ledger DOL Form 5500 · updated monthly

Kemin Worldwide Holdings, Inc.401(k)

KEMIN WORLDWIDE HOLDINGS, INC. SAVINGS PLAN · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Kemin Worldwide Holdings, Inc. reported $184,571 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,260 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 0.14% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 62nd-largest of 878 plans among Iowa employers on file, and the 1,372nd of 13,661 in manufacturing. In 2024, employees put in $2.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$157,888,104
Participants with balances1,153
Active participants915
Employer contributions$2,982,474
Employee contributions$8,804,283
Employer contribution per active participant$3,260
Average account balance$136,937
Benefits paid to participants$9,352,239
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$157.9M · 1,153 accts · $3.0M emplr
2023$134.2M · 1,130 accts · $2.8M emplr
2022$112.4M · 1,072 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,916
Investment management$88,655
Total administrative$184,571
The Kemin Worldwide Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$3,260
Median for plans this size$3,635
2024$3,260 per active participant
2023$3,129 per active participant
2022$2,847 per active participant

Kemin Worldwide Holdings, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$88,655

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$184,571 · 0.13%
2023$176,732 · 0.14%
2022$176,639 · 0.14%
Similar plansManufacturing · Iowa
Musco Corporation IA$344.3M · 0.12%
The Finway Group IA$146.2M · 0.77%
Roquette America, Inc. IA$140.2M · 0.14%
Chesterman Company IA$128.4M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464206956 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.