Plan Ledger DOL Form 5500 · updated monthly

Klein Tools, Inc.401(k)

KLEIN TOOLS RETIREMENT SAVINGS PLAN · MANSFIELD, TX · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Klein Tools, Inc. reported $216,792 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,769 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 0.14% to 0.13%. 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 428th-largest of 5,688 plans among Texas employers on file, and the 1,255th of 13,661 in manufacturing. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$179,829,633
Participants with balances1,935
Active participants1,525
Employer contributions$5,747,128
Employee contributions$9,980,519
Employer contribution per active participant$3,769
Average account balance$92,935
Benefits paid to participants$20,393,303
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$179.8M · 1,935 accts · $5.7M emplr
2023$161.5M · 1,947 accts · $5.5M emplr
2022$136.0M · 1,854 accts · $5.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$160,816
Investment management$6,250
Audit (IQPA)$16,000
Total administrative$216,792
The Klein Tools, Inc. 401(k) match · 2024
Employer contribution per active participant$3,769
Median for plans this size$3,635
2024$3,769 per active participant
2023$3,601 per active participant
2022$3,401 per active participant

Klein Tools, Inc.'s 2024 employer contribution ran above 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 · 20244
T ROWE PRICE RPS INC · Recordkeeping · Trustee$160,816
FIDUCIENT ADVISORS · Consulting · Investment advisory (plan)$25,000
SIKICH CPA LLC · Accounting / audit$16,000
FAEGRE DRINKER BIDDLE & REATH LLP · Legal$6,980

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$216,792 · 0.13%
2023$269,856 · 0.18%
2022$209,879 · 0.14%
Similar plansManufacturing · Texas
Dnow L.P. TX$202.8M · 0.13%
Epiroc North America Corp. TX$199.9M · 0.10%
Blue Bell Creameries, Inc. TX$195.3M · 0.04%
Ennis, Inc. TX$165.5M · 0.12%
Tpc Group LLC TX$164.9M · 0.06%
Indorama Ventures Oxides LLC TX$159.8M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263795226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.