Plan Ledger DOL Form 5500 · updated monthly

Kimray, Inc.401(k)

KIMRAY, INC. 401K PROFIT SHARING PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
2.17%

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

Kimray, Inc. reported $2,086,251 in plan administrative expenses for 2024: 2.17% of average plan assets, higher than ~90% of peers. Employer contributions averaged $9,813 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 3 years on file its reported administrative ratio has held roughly steady near 2.17%. 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 59th-largest of 724 plans among Oklahoma employers on file, and the 1,923rd of 13,661 in manufacturing. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves; active participation has shrunk from 829 to 654 since 2022.

Plan summary
Net assets, end of year$99,479,798
Participants with balances1,071
Active participants654
Employer contributions$6,417,829
Employee contributions$4,993,871
Employer contribution per active participant$9,813
Average account balance$92,885
Benefits paid to participants$16,728,838
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$99.5M · 1,071 accts · $6.4M emplr
2023$92.8M · 1,271 accts · $4.1M emplr
2022$74.6M · 1,272 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$232,072
Investment management$61,318
Audit (IQPA)$23,250
Total administrative$2,086,251
The Kimray, Inc. 401(k) match · 2024
Employer contribution per active participant$9,813
Median for plans this size$3,635
2024$9,813 per active participant
2023$4,996 per active participant
2022$4,689 per active participant

Kimray, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20244
MILLIMAN, INC. · Recordkeeping · Pension consulting$232,072
PENSION CONSULTANTS INC. · Pension consulting · Investment advisory (participants)$61,318
HOGANTAYLOR · Accounting / audit$23,250
CHARLES SCHWAB TRUST BANK · Trustee · Trustee (directed)indirect comp

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

Recordkeeper by year2
2024Milliman
2023Milliman

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Administrative cost history3
2024$2,086,251 · 2.17%
2023$3,616,181 · 4.32%
2022$1,548,354 · 2.11%
Same employer
Similar plansManufacturing · Oklahoma
Kaiser-Francis Oil Company OK$115.9M · 0.01%
Moore, a Series OK$113.4M · 0.20%
Balon Corporation OK$106.3M · 0.06%
Webco Industries, Inc. OK$99.8M · 0.10%
The Bama Companies, Inc. OK$78.2M · 0.31%
Gemini Industries, Inc. OK$76.3M · 0.10%
Lopez Food, Inc. OK$66.3M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730563687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.