Plan Ledger DOL Form 5500 · updated monthly

Kirby Corporation401(k)

KIRBY 401K PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Kirby Corporation reported $541,791 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $6,120 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 rose from 0.05% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 134th-largest of 5,688 plans among Texas employers on file, and the 50th of 2,677 in transportation & warehousing. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$850,124,257
Participants with balances6,402
Active participants5,146
Employer contributions$31,491,168
Employee contributions$30,123,133
Employer contribution per active participant$6,120
Average account balance$132,790
Benefits paid to participants$97,425,381
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$850.1M · 6,402 accts · $31.5M emplr
2023$777.1M · 6,368 accts · $27.6M emplr
2022$688.3M · 6,265 accts · $20.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$448,799
Investment management$52,500
Audit (IQPA)$32,550
Total administrative$541,791
The Kirby Corporation 401(k) match · 2024
Employer contribution per active participant$6,120
Median for plans this size$4,294
2024$6,120 per active participant
2023$5,408 per active participant
2022$4,175 per active participant

Kirby Corporation's 2024 employer contribution ran above the $4,294 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 · 20244
MERRILL LYNCH · Recordkeeping · Securities brokerage$448,799
AMG OPS- FEE GROUP · Consulting · Investment management$52,500
WEAVER AND TIDWELL, LLP · Accounting / audit$32,550
NORTON ROSE FULBRIGHT US LLP · Legal$6,142

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$541,791 · 0.07%
2023$474,910 · 0.06%
2022$340,010 · 0.05%
Same employer
Similar plansTransportation & Warehousing · Texas
Bnsf Railway Company TX$4.8B · 0.00%
Envoy Air Inc. TX$744.1M · 0.20%
Plains All American Gp LLC TX$625.2M · 0.05%
Targa Resources LLC TX$612.6M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741884980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.