Plan Ledger DOL Form 5500 · updated monthly

Kore Outdoor US Inc.401(k)

KORE OUTDOOR US 401(K) PLAN · FORT WAYNE, IN · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Kore Outdoor US Inc. reported $1,948 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $361 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 1 year on file its reported administrative ratio rose from 0.01% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,038th of 1,562), and 10,047th of 13,661 in manufacturing. In 2023, employees put in $12.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,210,350
Participants with balances98
Active participants54
Employer contributions$19,493
Employee contributions$236,340
Employer contribution per active participant$361
Average account balance$73,575
Benefits paid to participants$958,008
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history2
Yearassets · accounts · employer contribution
2023$7.2M · 98 accts · $19K emplr
2022$6.5M · 107 accts · $40K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$703
Investment management$1,245
Total administrative$1,948
The Kore Outdoor US Inc. 401(k) match · 2023
Employer contribution per active participant$361
Median for plans this size$1,308
2023$361 per active participant
2022$791 per active participant

Kore Outdoor US Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$753

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

Administrative cost history2
2023$1,948 · 0.03%
2022$802 · 0.01%
Similar plansManufacturing · Indiana
Pretzels, Inc IN$7.4M · 0.82%
Polyjohn Enterprises, LLC IN$7.3M · 0.02%
Mahoney Foundries, Inc. IN$7.0M · 1.10%
Brinly-Hardy Company IN$6.8M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853244434 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.