Plan Ledger DOL Form 5500 · updated monthly

Kimball International, Inc.401(k)

KIMBALL INTERNATIONAL, INC. RETIREMENT PLAN · JASPER, IN · plan year 2023

Reported admin expense ratio · 2023
0.09%

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

Kimball International, Inc. reported $330,259 in plan administrative expenses for 2023: 0.09% of average plan assets, above the peer median. Employer contributions averaged $1,756 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 1 year on file its reported administrative ratio fell from 0.091% to 0.086%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other manufacturing employers. By assets it is the 43rd-largest of 1,562 plans among Indiana employers on file, and the 685th of 13,661 in manufacturing. In 2023, employees put in $3.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$394,642,792
Participants with balances2,892
Active participants1,919
Employer contributions$3,369,984
Employee contributions$12,739,460
Employer contribution per active participant$1,756
Average account balance$136,460
Benefits paid to participants$46,382,660
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $1.7M emplr
2023$394.6M · 2,892 accts · $3.4M emplr
2022$374.7M · 3,118 accts · $4.7M emplr
The Kimball International, Inc. 401(k) match · 2023
Employer contribution per active participant$1,756
Median for plans this size$4,362
2023$1,756 per active participant
2022$2,351 per active participant

Kimball International, Inc.'s 2023 employer contribution ran below the $4,362 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$254,741
VANGUARD ADVISERS INC. · Investment advisory (participants)$85,408

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
2024Not separately reported
2023$330,259 · 0.09%
2022$330,727 · 0.09%
Same employer
Similar plansManufacturing · Indiana
Samtec, Inc. IN$583.2M · 0.01%
Ardagh Glass Inc. IN$431.7M · 0.02%
Allison Transmission, Inc. IN$395.8M · 0.02%
Nibco Inc. IN$363.7M · 0.04%
Wabash National Corp. IN$311.7M · 0.15%
Lippert Components, Inc. IN$304.3M · 0.24%
Franklin Electric Company IN$279.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350514506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.