Plan Ledger DOL Form 5500 · updated monthly

Knight Enterprises Management, LLC401(k)

KNIGHT ENTERPRISES MANAGEMENT, LLC 401(K) PLAN · TITUSVILLE, FL · plan year 2022

Reported admin expense ratio · 2022
0.71%

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

Knight Enterprises Management, LLC reported $50,788 in plan administrative expenses for 2022: 0.71% of average plan assets, above the peer median. Employer contributions averaged $130 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 Florida (2,272nd of 3,644), and 10,534th of 13,661 in manufacturing. In 2022, employees put in $14.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,278,920
Participants with balances163
Active participants278
Employer contributions$36,044
Employee contributions$508,102
Employer contribution per active participant$130
Average account balance$38,521
Benefits paid to participants$863,592
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $767 emplr
2022$6.3M · 163 accts · $36K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,813
Professional / advisory$46,975
Total administrative$50,788
The Knight Enterprises Management, LLC 401(k) match · 2022
Employer contribution per active participant$130
Median for plans this size$1,114

Knight Enterprises Management, LLC's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$50,788 · 0.71%
Same employer
Similar plansManufacturing · Florida
Fleetgenius, LLC FL$6.5M · 0.09%
Fsf Manufacturing, Inc. FL$6.4M · 0.05%
National Molding, LLC FL$6.4M · 0.16%
Altira, Inc. FL$6.3M · 0.58%
Turbopower, LLC. FL$6.3M · 0.58%
Hear.com FL$6.2M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461444191 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.