Plan Ledger DOL Form 5500 · updated monthly

Kia Georgia, Inc.401(k)

KIA GEORGIA 401(K) RETIREMENT SAVINGS PLAN · WEST POINT, GA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Kia Georgia, Inc. reported $601,345 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,054 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 0.30% to 0.32%. 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 173rd-largest of 2,160 plans among Georgia employers on file, and the 1,151st of 13,661 in manufacturing. In 2024, employees put in $1.23 for every $1.00 the employer contributed; active participation has grown from 2,635 to 2,936 since 2022.

Plan summary
Net assets, end of year$202,788,082
Participants with balances3,278
Active participants2,936
Employer contributions$11,902,506
Employee contributions$14,665,769
Employer contribution per active participant$4,054
Average account balance$61,863
Benefits paid to participants$15,493,095
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$202.8M · 3,278 accts · $11.9M emplr
2023$168.3M · 3,185 accts · $10.3M emplr
2022$134.9M · 3,042 accts · $9.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$278,283
Investment management$322,762
Total administrative$601,345
The Kia Georgia, Inc. 401(k) match · 2024
Employer contribution per active participant$4,054
Median for plans this size$3,635
2024$4,054 per active participant
2023$3,623 per active participant
2022$3,682 per active participant

Kia Georgia, 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 · 20245
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$254,133
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$241,732
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants) · Investment management$81,030
BENNETT THRASHER LLP · Accounting / audit$24,150
QDRO CONSULTANTS CO LLC · Consulting$300

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$601,345 · 0.32%
2023$502,100 · 0.33%
2022$418,178 · 0.30%
Same employer
Similar plansManufacturing · Georgia
Oxford Industries, Inc. GA$218.4M · 0.11%
Motrex LLC GA$214.4M · 0.10%
Ofs Fitel, LLC GA$212.9M · 0.08%
Mirion Technologies, Inc. GA$201.3M · 0.14%
Interface, Inc. GA$192.2M · 0.11%
Yokogawa USA, Inc. GA$190.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205762938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.