Plan Ledger DOL Form 5500 · updated monthly

Key Tronic Corporation401(k)

KEY TRONIC 401(K) RETIREMENT SAVINGS PLAN · SPOKANE VALLEY, WA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Key Tronic Corporation reported $81,146 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $1,131 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 0.22% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 336th-largest of 1,714 plans among Washington employers on file, and the 802nd of 4,246 in wholesale trade. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has grown from 323 to 1,207 since 2022.

Plan summary
Net assets, end of year$51,225,874
Participants with balances601
Active participants1,207
Employer contributions$1,365,458
Employee contributions$3,002,889
Employer contribution per active participant$1,131
Average account balance$85,234
Benefits paid to participants$8,798,784
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA PC
Plan history3
Yearassets · accounts · employer contribution
2024$51.2M · 601 accts · $1.4M emplr
2023$49.7M · 608 accts · $1.4M emplr
2022$36.1M · 323 accts · $819K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,450
Investment management$42,696
Total administrative$81,146
The Key Tronic Corporation 401(k) match · 2024
Employer contribution per active participant$1,131
Median for plans this size$3,635
2024$1,131 per active participant
2023$1,312 per active participant
2022$2,536 per active participant

Key Tronic Corporation's 2024 employer contribution ran below the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$38,550
USI ADVISORS INC · Investment advisory (plan)$37,698

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$81,146 · 0.16%
2023$40,911 · 0.10%
2022$77,781 · 0.22%
Same employer
Similar plansWholesale Trade · Washington
Harbor Foods Group Inc. WA$77.0M · 0.38%
Keller Supply Company WA$67.6M · 0.49%
Bargreen-Ellingson, Inc. WA$61.3M · 0.21%
Pepsi Northwest Beverages WA$51.1M · 0.01%
Bda, LLC WA$48.7M · 0.44%
United Grain Corporation WA$42.1M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 910849125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.