Plan Ledger DOL Form 5500 · updated monthly

Kinze Manufacturing, Inc.401(k)

KINZE MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN · WILLIAMSBURG, IA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Kinze Manufacturing, Inc. reported $97,036 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $2,302 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 0.111%. 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 105th-largest of 878 plans among Iowa employers on file, and the 2,034th of 13,661 in manufacturing. In 2024, employees put in $3.32 for every $1.00 the employer contributed; active participation has shrunk from 730 to 557 since 2022.

Plan summary
Net assets, end of year$90,937,891
Participants with balances792
Active participants557
Employer contributions$1,282,002
Employee contributions$4,255,288
Employer contribution per active participant$2,302
Average account balance$114,821
Benefits paid to participants$10,441,146
Plan auditUnmodified (clean) audit opinion
AuditorDAHM, KNAPP & ASSOCIATES, PC
Plan history3
Yearassets · accounts · employer contribution
2024$90.9M · 792 accts · $1.3M emplr
2023$84.0M · 991 accts · $1.4M emplr
2022$70.2M · 886 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,036
Investment management$80,000
Total administrative$97,036
The Kinze Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$2,302
Median for plans this size$3,635
2024$2,302 per active participant
2023$1,738 per active participant
2022$1,846 per active participant

Kinze Manufacturing, Inc.'s 2024 employer contribution ran below 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
INTELLICENTS INVEST SOLUTIONS INC · Investment advisory (plan)$80,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,036

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

Administrative cost history3
2024$97,036 · 0.11%
2023$92,542 · 0.12%
2022$83,360 · 0.11%
Same employer
Similar plansManufacturing · Iowa
Wilson Trailer Company IA$101.0M · 0.13%
Efco Corp. IA$100.5M · 0.06%
Cpm Acquisition Corp. IA$96.6M · 0.24%
Sabre Industries, Inc. IA$93.4M · 0.28%
Flexsteel Industries, Inc. IA$85.9M · 0.12%
Sukup Manufacturing Company IA$85.2M · 0.51%
Mittera Group, Inc. IA$85.1M · 0.27%
Diamond Vogel, Inc. IA$81.0M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420992582 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.