Plan Ledger DOL Form 5500 · updated monthly

Koenig & Bauerus Inc.401(k)

KOENIG & BAUER (US) INC. 401(K) AND PROFIT SHARING PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Koenig & Bauerus Inc. reported $52,258 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $5,484 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 0.01% to 0.23%. 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 1,761st-largest of 5,688 plans among Texas employers on file, and the 5,192nd of 13,661 in manufacturing. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has grown from 123 to 146 since 2022.

Plan summary
Net assets, end of year$24,536,611
Participants with balances183
Active participants146
Employer contributions$800,710
Employee contributions$1,402,953
Employer contribution per active participant$5,484
Average account balance$134,080
Benefits paid to participants$2,070,160
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.5M · 183 accts · $801K emplr
2023$21.4M · 170 accts · $717K emplr
2022$17.7M · 162 accts · $690K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,040
Investment management$49,218
Total administrative$52,258
The Koenig & Bauerus Inc. 401(k) match · 2024
Employer contribution per active participant$5,484
Median for plans this size$2,416
2024$5,484 per active participant
2023$5,272 per active participant
2022$5,611 per active participant

Koenig & Bauerus 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 · 20242
TRUENORTH SECURITIES, INC · Recordkeeping · Trustee$49,218
ADP, INC. · Loan processing · Recordkeeping$3,040

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, TRUENORTH SECURITIES, INC
2023ADP

This plan has changed recordkeepers within these filings. If you left Koenig & Bauerus Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$52,258 · 0.23%
2023$5,921 · 0.03%
2022$2,181 · 0.01%
Same employer
Similar plansManufacturing · Texas
Natgasoline LLC TX$25.2M · 0.05%
Indorama Ventures TX$24.9M · 0.12%
Ingram Readymix, Inc. TX$24.5M · 0.55%
Ito En North America Inc. TX$24.5M · 0.56%
Equistar Chemicals, LP TX$24.1M · 0.05%
American Alloy Steel, Inc. TX$23.5M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112996037 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.