Plan Ledger DOL Form 5500 · updated monthly

Kinder Morgan, Inc.401(k) + ESOP (KSOP)

KINDER MORGAN SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Kinder Morgan, Inc. reported $3,170,093 in plan administrative expenses for 2024: 0.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,090 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 0.13% to 0.11%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other utilities employers. By assets it is the 47th-largest of 5,688 plans among Texas employers on file, and the 21st of 412 in utilities. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,920,379,541
Participants with balances16,694
Active participants10,966
Employer contributions$55,817,485
Employee contributions$107,109,900
Employer contribution per active participant$5,090
Average account balance$174,936
Benefits paid to participants$275,447,321
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9B · 16,694 accts · $55.8M emplr
2023$2.7B · 16,928 accts · $52.7M emplr
2022$2.4B · 16,875 accts · $49.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$641,951
Investment management$2,470,847
Audit (IQPA)$39,082
Total administrative$3,170,093
The Kinder Morgan, Inc. 401(k) match · 2024
Employer contribution per active participant$5,090
Median for plans this size$5,259
2024$5,090 per active participant
2023$4,815 per active participant
2022$4,696 per active participant

Kinder Morgan, Inc.'s 2024 employer contribution ran below the $5,259 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 · 20247
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$637,784
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$2,052,705
MERCER INVESTMENT CONSULTING INC · Investment advisory (plan) · Investment management$543,716
MCCONNELL & JONES LLP · Accounting / audit$39,082
STIFEL, NICOLAUS & COMPANY, INCORPO · Securities brokerage$35,853
EMPOWER FINANCIAL SERVICES, INC. · Investment advisory (participants) · Securities brokerage$31,798
STOEL RIVES LLP · Legal$14,697

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$3,170,093 · 0.11%
2023$3,147,368 · 0.13%
2022$3,402,566 · 0.13%
Same employer
Similar plansUtilities · Texas
Xcel Energy Inc MN$3.5B · 0.05%
Ameren Corporation MO$3.2B · 0.11%
Centerpoint Energy, Inc. TX$3.1B · 0.15%
Consumers Energy Company MI$2.9B · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800682103 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.