Plan Ledger DOL Form 5500 · updated monthly

Kia America, Inc.401(k)

KIA AMERICA 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Kia America, Inc. reported $337,282 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,318 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 0.24% to 0.25%. 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 744th-largest of 9,483 plans among California employers on file, and the 1,480th of 13,661 in manufacturing. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has grown from 581 to 722 since 2022.

Plan summary
Net assets, end of year$141,639,010
Participants with balances834
Active participants722
Employer contributions$4,561,456
Employee contributions$7,676,444
Employer contribution per active participant$6,318
Average account balance$169,831
Benefits paid to participants$13,114,549
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$141.6M · 834 accts · $4.6M emplr
2023$126.5M · 875 accts · $4.1M emplr
2022$108.7M · 751 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,619
Investment management$282,663
Total administrative$337,282
The Kia America, Inc. 401(k) match · 2024
Employer contribution per active participant$6,318
Median for plans this size$3,635
2024$6,318 per active participant
2023$6,220 per active participant
2022$6,628 per active participant

Kia America, Inc.'s 2024 employer contribution ran above 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 · 20243
MERCER INVESTMENTS LLC · Consulting · Insurance services$262,156
EMPOWER ADVISORY GROUP, LLC · Investment management$20,507

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$337,282 · 0.25%
2023$291,479 · 0.25%
2022$276,194 · 0.24%
Same employer
Similar plansManufacturing · California
Delicato Vineyards, LLC CA$145.8M · 0.23%
Bloom Energy Corporation CA$144.4M · 0.14%
Super Store Industries CA$141.1M · 0.08%
Semtech Corporation CA$139.5M · 0.05%
Ushio America, Inc. CA$137.9M · 0.10%
Belkin International, Inc. CA$137.0M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330539850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.