Plan Ledger DOL Form 5500 · updated monthly

Knauf Insulation, Inc.401(k)

KNAUF INSULATION RETIREMENT PLAN · SHELBYVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Knauf Insulation, Inc. reported $254,796 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $4,535 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 0.14% to 0.15%. 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 85th-largest of 1,562 plans among Indiana employers on file, and the 1,254th of 13,661 in manufacturing. In 2024, employees put in $1.32 for every $1.00 the employer contributed; active participation has grown from 1,109 to 1,398 since 2022.

Plan summary
Net assets, end of year$179,878,637
Participants with balances1,693
Active participants1,398
Employer contributions$6,340,398
Employee contributions$8,400,255
Employer contribution per active participant$4,535
Average account balance$106,248
Benefits paid to participants$15,472,117
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$179.9M · 1,693 accts · $6.3M emplr
2023$159.9M · 1,427 accts · $5.3M emplr
2022$141.0M · 1,354 accts · $4.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$158,405
Investment management$42,599
Total administrative$254,796
The Knauf Insulation, Inc. 401(k) match · 2024
Employer contribution per active participant$4,535
Median for plans this size$3,635
2024$4,535 per active participant
2023$4,596 per active participant
2022$4,316 per active participant

Knauf Insulation, 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 · 20242
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$158,405
CAPITAL STRATEGIES INVESTMENT GROUP · Investment advisory (plan)$42,599

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Knauf Insulation, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$254,796 · 0.15%
2023$240,893 · 0.16%
2022$219,152 · 0.14%
All plans at this employer2
KNAUF INSULATION RETIREMENT PLAN401(k)
KNAUF 401(K) PLAN FOR UNION EMPLOYEES401(k)
Same employer
Similar plansManufacturing · Indiana
Irving Materials, Inc. IN$253.3M · 0.18%
Dormakaba USA Inc. IN$196.3M · 0.12%
Smc Corporation of America IN$189.4M · 0.15%
Thor Industries, Inc. IN$189.0M · 0.18%
Ford Meter Box Company, Inc. IN$170.5M · 0.09%
Red Gold, Inc. IN$162.4M · 0.14%
Endress+Hauser Inc. IN$159.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382560723 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.