Plan Ledger DOL Form 5500 · updated monthly

Knutson Holdings, Inc.401(k)

KNUTSON HOLDINGS, INC. 401(K) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Knutson Holdings, Inc. reported $136,273 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $4,790 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 0.29% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 579th-largest of 1,918 plans among Minnesota employers on file, and the 1,246th of 5,337 in construction. In 2024, employees put in $2.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,533,108
Participants with balances227
Active participants144
Employer contributions$689,712
Employee contributions$1,885,308
Employer contribution per active participant$4,790
Average account balance$174,155
Benefits paid to participants$6,829,689
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$39.5M · 227 accts · $690K emplr
2023$36.2M · 235 accts · $726K emplr
2022$30.4M · 226 accts · $600K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$136,273
Total administrative$136,273
The Knutson Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$4,790
Median for plans this size$2,416
2024$4,790 per active participant
2023$4,480 per active participant
2022$4,224 per active participant

Knutson Holdings, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
RSM US LLP$21,000
RBC CAPITAL MARKETS LLCindirect comp
MORNINGSTAR · Investment advisory (plan)indirect 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$136,273 · 0.36%
2023$125,985 · 0.38%
2022$105,852 · 0.29%
Same employer
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Sitelogiq, Inc MN$44.6M · 0.17%
Corval Group, Inc. MN$44.1M · 0.10%
Weis Builders, Inc. MN$40.2M · 0.17%
Paladin Technologies MN$35.3M · 0.27%
Tl Nexlevel, LLC MN$35.1M · 0.32%
Johnson Screens, Inc. MN$34.5M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411523429 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.