Plan Ledger DOL Form 5500 · updated monthly

Knight's Companies, Inc.401(k)

KNIGHT'S COMPANIES 401K PLAN · SUMMERVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Knight's Companies, Inc. reported $17,801 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $762 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 0.74% to 0.49%. 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 South Carolina (599th of 807), and 11,692nd of 13,661 in manufacturing. In 2024, employees put in $2.08 for every $1.00 the employer contributed; active participation has grown from 276 to 421 since 2022.

Plan summary
Net assets, end of year$4,076,277
Participants with balances163
Active participants421
Employer contributions$320,938
Employee contributions$666,599
Employer contribution per active participant$762
Average account balance$25,008
Benefits paid to participants$556,899
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 163 accts · $321K emplr
2023$3.1M · 150 accts · $274K emplr
2022$2.4M · 113 accts · $168K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,422
Investment management$13,379
Total administrative$17,801
The Knight's Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$762
Median for plans this size$1,313
2024$762 per active participant
2023$783 per active participant
2022$609 per active participant

Knight's Companies, Inc.'s 2024 employer contribution ran below the $1,313 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
T. ROWE PRICE · Recordkeeping · Trustee$4,422
NFP RETIREMENT SERVICES · Investment advisory (plan)$13,379

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$17,801 · 0.49%
2023$26,489 · 0.96%
2022$17,737 · 0.74%
Same employer
Similar plansManufacturing · South Carolina
Sun, Inc SC$4.3M · 0.14%
US Brick Holdings, LLC SC$4.2M · 0.74%
Palmetto Synthetics LLC SC$4.1M · 0.19%
Orian Rugs, Inc. SC$3.8M · 0.86%
Fraenkische USA LP SC$3.7M · 0.24%
Dove Technologies, Inc. SC$3.5M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208140741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.