Plan Ledger DOL Form 5500 · updated monthly

Klein Products, Inc.401(k)

KLEIN PRODUCTS, INC. 401K PROFIT SHARING PLAN · ONTARIO, CA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Klein Products, Inc. reported $20,971 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,026 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 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,364th of 9,483), and 11,707th of 13,661 in manufacturing. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has grown from 102 to 131 since 2022.

Plan summary
Net assets, end of year$4,053,694
Participants with balances120
Active participants131
Employer contributions$134,417
Employee contributions$297,311
Employer contribution per active participant$1,026
Average account balance$33,781
Benefits paid to participants$258,490
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 120 accts · $134K emplr
2023$3.4M · 118 accts · $124K emplr
2022$2.8M · 112 accts · $118K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,971
Total administrative$20,971
The Klein Products, Inc. 401(k) match · 2024
Employer contribution per active participant$1,026
Median for plans this size$1,313
2024$1,026 per active participant
2023$1,051 per active participant
2022$1,157 per active participant

Klein Products, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$20,971

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$20,971 · 0.56%
2023$17,764 · 0.57%
2022$17,265 · 0.55%
Similar plansManufacturing · California
Amp Printing, Inc. CA$4.2M · 0.66%
Eo Products, LLC CA$4.1M · 0.48%
Cabinets 2000, LLC CA$4.0M · 0.69%
Compass Components, Inc. CA$4.0M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952105141 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.