Plan Ledger DOL Form 5500 · updated monthly

Knf Flexpak Corporation401(k)

KNF FLEXPAK CORPORATION 401(K) PROFIT SHARING PLAN & TRUST · TAMAQUA, PA · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Knf Flexpak Corporation reported $163 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $902 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (3,180th of 3,651), and 12,281st of 13,661 in manufacturing. In 2022, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,995,799
Participants with balances56
Active participants142
Employer contributions$128,044
Employee contributions$268,189
Employer contribution per active participant$902
Average account balance$53,496
Benefits paid to participants$90,729
Plan auditUnmodified (clean) audit opinion
AuditorMOLINARI OSWALD, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$163
Total administrative$163
The Knf Flexpak Corporation 401(k) match · 2022
Employer contribution per active participant$902
Median for plans this size$1,114

Knf Flexpak Corporation's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$163 · 0.01%
Similar plansManufacturing · Pennsylvania
Taktl, LLC PA$3.1M · 0.80%
Iridium Industries, Inc. PA$3.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232955097 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.