Plan Ledger DOL Form 5500 · updated monthly

Kobo Products, Inc.401(k)

KOBO PRODUCTS, INC. 401K PLAN · SOUTH PLAINFIELD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Kobo Products, Inc. reported $4,435 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,019 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 0.02% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,191st-largest of 2,419 plans among New Jersey employers on file, and the 6,789th of 13,661 in manufacturing. In 2024, employees put in $6.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,087,451
Participants with balances154
Active participants161
Employer contributions$164,021
Employee contributions$1,012,802
Employer contribution per active participant$1,019
Average account balance$104,464
Benefits paid to participants$813,406
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 154 accts · $164K emplr
2023$13.5M · 149 accts · $154K emplr
2022$11.8M · 139 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,435
Total administrative$4,435
The Kobo Products, Inc. 401(k) match · 2024
Employer contribution per active participant$1,019
Median for plans this size$2,416
2024$1,019 per active participant
2023$990 per active participant

Kobo Products, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$4,435
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,435 · 0.03%
2023$3,660 · 0.03%
2022$2,280 · 0.02%
Same employer
Similar plansManufacturing · New Jersey
Eagle Pharmaceuticals Inc NJ$16.5M · 0.38%
McGrory Glass, Inc. NJ$15.9M · 0.01%
Alpha Associates, Inc. NJ$15.7M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222841994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.