Plan Ledger DOL Form 5500 · updated monthly

Kme America Marine Tube & Fitting, LLC401(k)

KME AMERICA, INC. 401(K) PLAN & TRUST · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Kme America Marine Tube & Fitting, LLC reported $1,763 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,719 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 0.36% to 0.07%. 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 Florida (2,865th of 3,644), and 12,203rd of 13,661 in manufacturing. In 2024, the employer put in $1.38 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,129,351
Participants with balances162
Active participants86
Employer contributions$319,863
Employee contributions$231,760
Employer contribution per active participant$3,719
Average account balance$19,317
Benefits paid to participants$123,201
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 162 accts · $320K emplr
2023$1.9M · 108 accts · $283K emplr
2022$2.3M · 166 accts · $392K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,763
Total administrative$1,763
The Kme America Marine Tube & Fitting, LLC 401(k) match · 2024
Employer contribution per active participant$3,719
Median for plans this size$1,313
2024$3,719 per active participant
2023$3,537 per active participant
2022$4,359 per active participant

Kme America Marine Tube & Fitting, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
SHORE TOMPKINS ACTUARIAL RESOURCES · Contract administrator$3,379
CAPITAL GROUP RETIREMENT PLAN SERVI$1,763

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$1,763 · 0.07%
2023$9,387 · 0.44%
2022$13,863 · 0.36%
Similar plansManufacturing · Florida
Techno Coatings Inc FL$3.2M · 0.17%
Bungalow Scenic Studios FL$3.2M · 0.59%
Earnest Products, Inc. FL$3.1M · 1.13%
Es Investments, LLC FL$3.1M · 0.50%
Lawson Industries, Inc. FL$2.9M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462332592 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.