Plan Ledger DOL Form 5500 · updated monthly

Koch Development Corporation401(k)

KOCH DEVELOPMENT CORPORATION 401(K) PLAN · SANTA CLAUS, IN · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Koch Development Corporation reported $59,162 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,421 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 3 years on file its reported administrative ratio has held roughly steady near 0.549%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Indiana (830th of 1,562), and the 630th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,449,941
Participants with balances230
Active participants125
Employer contributions$302,683
Employee contributions$760,860
Employer contribution per active participant$2,421
Average account balance$49,782
Benefits paid to participants$1,039,717
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 230 accts · $303K emplr
2023$10.1M · 157 accts · $297K emplr
2022$8.4M · 161 accts · $282K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,866
Investment management$26,296
Total administrative$59,162
The Koch Development Corporation 401(k) match · 2024
Employer contribution per active participant$2,421
Median for plans this size$2,416
2024$2,421 per active participant
2023$2,750 per active participant
2022$2,258 per active participant

Koch Development Corporation's 2024 employer contribution ran above the $2,416 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
GERMAN AMERICAN FIN ADV AND TR CO · Investment advisory (plan)$26,296

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$59,162 · 0.55%
2023$48,130 · 0.52%
2022$50,502 · 0.55%
Same employer
Similar plansArts, Entertainment & Recreation · Indiana
Chip Ganassi Racing, LLC IN$23.2M · 0.39%
Andretti Autosport IN$6.5M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350809297 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.