Plan Ledger DOL Form 5500 · updated monthly

Kobe Aluminum Automotive Products, LLC401(k)

KOBE ALUMINUM AUTOMOTIVE PRODUCTS, LLC RETIREMENT SAVINGS PLAN · BOWLING GREEN, KY · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Kobe Aluminum Automotive Products, LLC reported $71,824 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $734 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 0.66% to 0.73%. 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 Kentucky (450th of 871), and 8,514th of 13,661 in manufacturing. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has grown from 631 to 729 since 2022.

Plan summary
Net assets, end of year$10,640,768
Participants with balances373
Active participants729
Employer contributions$535,379
Employee contributions$1,343,524
Employer contribution per active participant$734
Average account balance$28,528
Benefits paid to participants$1,422,277
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 373 accts · $535K emplr
2023$9.0M · 352 accts · $458K emplr
2022$7.4M · 365 accts · $428K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,684
Investment management$32,140
Total administrative$71,824
The Kobe Aluminum Automotive Products, LLC 401(k) match · 2024
Employer contribution per active participant$734
Median for plans this size$1,313
2024$734 per active participant
2023$681 per active participant
2022$678 per active participant

Kobe Aluminum Automotive Products, LLC'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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$23,580
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$8,560

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$71,824 · 0.73%
2023$62,454 · 0.76%
2022$50,242 · 0.66%
Same employer
Similar plansManufacturing · Kentucky
Tarter Management KY$11.4M · 0.35%
Fabricated Metals, LLC KY$11.4M · 0.58%
Phoenix Paper Wickliffe LLC KY$11.2M · 0.28%
Gpi, Incorporated KY$11.1M · 0.16%
Hoskin & Muir, Inc. KY$10.5M · 0.51%
V.G. Reed & Sons, Inc. KY$10.4M · 0.02%
Aisan Industries Kentucky KY$10.3M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 432019796 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.