Plan Ledger DOL Form 5500 · updated monthly

Knowlton Technologies, LLC401(k)

KNOWLTON TECHNOLOGIES, LLC UNION PLAN · WATERTOWN, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Knowlton Technologies, LLC reported $2,219 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,480 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 0.14% to 0.03%. 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 New York (4,044th of 5,648), and 10,036th of 13,661 in manufacturing. In 2024, employees put in $1.05 for every $1.00 the employer contributed; active participation has grown from 89 to 105 since 2022.

Plan summary
Net assets, end of year$7,232,572
Participants with balances121
Active participants105
Employer contributions$365,369
Employee contributions$383,649
Employer contribution per active participant$3,480
Average account balance$59,773
Benefits paid to participants$640,472
Plan auditUnmodified (clean) audit opinion
AuditorCROWLEY & HALLORAN, CPAS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 121 accts · $365K emplr
2023$6.4M · 131 accts · $341K emplr
2022$5.3M · 133 accts · $359K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,219
Total administrative$2,219
The Knowlton Technologies, LLC 401(k) match · 2024
Employer contribution per active participant$3,480
Median for plans this size$1,313
2024$3,480 per active participant
2023$3,668 per active participant
2022$4,033 per active participant

Knowlton Technologies, 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 · 20244
JW COLE SERVICES, INCindirect comp
BPAS SERVICES, LLC · Contract administratorindirect comp
LIFETIME BENEFIT SOLUTIONS · Contract administratorindirect comp

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$2,219 · 0.03%
2023Not separately reported
2022$7,737 · 0.14%
Same employer
Similar plansManufacturing · New York
Unicell Body Co., Inc. NY$7.3M · 0.37%
Cvd Equipment Corporation NY$7.3M · 0.03%
Ashton Potter (USA) LTD. NY$7.2M · 0.67%
Chartwell Operations LLC NY$7.2M · 0.76%
Lourdes Industries, Inc. NY$7.1M · 0.33%
Amogy Inc. NY$7.0M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471424475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.