Plan Ledger DOL Form 5500 · updated monthly

Kimball Electronics, Inc.401(k)

KIMBALL ELECTRONICS RETIREMENT PLAN · JASPER, IN · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Kimball Electronics, Inc. reported $123,422 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $3,992 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 0.10% to 0.08%. 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 101st-largest of 1,562 plans among Indiana employers on file, and the 1,393rd of 13,661 in manufacturing. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$153,959,210
Participants with balances1,551
Active participants1,173
Employer contributions$4,682,456
Employee contributions$7,685,647
Employer contribution per active participant$3,992
Average account balance$99,264
Benefits paid to participants$16,799,389
Plan auditUnmodified (clean) audit opinion
AuditorCROWE
Plan history3
Yearassets · accounts · employer contribution
2024$154.0M · 1,551 accts · $4.7M emplr
2023$141.2M · 1,615 accts · $1.2M emplr
2022$133.8M · 1,530 accts · $5.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,044
Investment management$28,397
Total administrative$123,422
The Kimball Electronics, Inc. 401(k) match · 2024
Employer contribution per active participant$3,992
Median for plans this size$3,635
2024$3,992 per active participant
2023$975 per active participant
2022$4,327 per active participant

Kimball Electronics, 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$104,285
VANGUARD ADVISERS INC. · Investment advisory (participants)$24,198

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$123,422 · 0.08%
2023$63,372 · 0.05%
2022$124,432 · 0.10%
Same employer
Similar plansManufacturing · Indiana
Endress+Hauser Inc. IN$159.5M · 0.03%
Ctb, Inc. IN$159.3M · 0.07%
Patrick Industries, Inc. IN$157.0M · 0.39%
Dexter Axle Company IN$156.8M · 0.14%
Major Tool & Machine, Inc. IN$151.9M · 0.13%
Am General LLC IN$131.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352047713 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.