Plan Ledger DOL Form 5500 · updated monthly

Kinetics Noise Control, Inc.401(k)

KINETICS NOISE CONTROL EMPLOYEE INVESTMENT PLAN AND TRUST · DUBLIN, OH · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Kinetics Noise Control, Inc. reported $51,475 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $5,009 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 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,217th-largest of 3,295 plans among Ohio employers on file, and the 5,471st of 13,661 in manufacturing. In 2024, employees put in $1.08 for every $1.00 the employer contributed; active participation has grown from 143 to 168 since 2022.

Plan summary
Net assets, end of year$22,650,293
Participants with balances181
Active participants168
Employer contributions$841,513
Employee contributions$912,313
Employer contribution per active participant$5,009
Average account balance$125,140
Benefits paid to participants$3,184,547
Plan auditUnmodified (clean) audit opinion
AuditorMEYERS BROTHERS KALICKA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$22.7M · 181 accts · $842K emplr
2023$21.0M · 170 accts · $851K emplr
2022$18.4M · 170 accts · $859K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,296
Investment management$46,179
Total administrative$51,475
The Kinetics Noise Control, Inc. 401(k) match · 2024
Employer contribution per active participant$5,009
Median for plans this size$2,416
2024$5,009 per active participant
2023$5,423 per active participant
2022$6,006 per active participant

Kinetics Noise Control, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
ASSOCIATED TRUST COMPANY, N.A. · Recordkeeping · Pension consulting$51,475

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

Recordkeeper by year2
2024ASSOCIATED TRUST COMPANY, N.A.
2023ASSOCIATED TRUST COMPANY, N.A.

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Administrative cost history3
2024$51,475 · 0.24%
2023$44,205 · 0.22%
2022$51,167 · 0.23%
Similar plansManufacturing · Ohio
Willowwood Global, LLC OH$23.2M · 0.30%
Kirkwood Holding Inc. OH$23.1M · 0.35%
Kaufman Container Company OH$22.7M · 0.17%
Cornerstone Wauseon, Inc. OH$22.4M · 0.02%
United Initiators, Inc. OH$22.3M · 0.24%
Yusa Corporation OH$22.3M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311288024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.