Plan Ledger DOL Form 5500 · updated monthly

Korean Air Lines Co., LTD401(k)

KOREAN AIR LINES CO., LTD. 401(K) RETIREMENT PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Korean Air Lines Co., LTD reported $120,101 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $2,722 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 fell from 0.24% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,505th-largest of 9,483 plans among California employers on file, and the 339th of 2,677 in transportation & warehousing. In 2024, employees put in $3.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$61,279,093
Participants with balances364
Active participants287
Employer contributions$781,278
Employee contributions$2,418,270
Employer contribution per active participant$2,722
Average account balance$168,349
Benefits paid to participants$2,793,704
Plan auditUnmodified (clean) audit opinion
AuditorKLICHS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$61.3M · 364 accts · $781K emplr
2023$52.7M · 359 accts · $783K emplr
2022$42.7M · 366 accts · $712K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,012
Investment management$67,418
Audit (IQPA)$18,671
Total administrative$120,101
The Korean Air Lines Co., LTD 401(k) match · 2024
Employer contribution per active participant$2,722
Median for plans this size$3,635
2024$2,722 per active participant
2023$2,817 per active participant
2022$2,579 per active participant

Korean Air Lines Co., LTD's 2024 employer contribution ran below the $3,635 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
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Pension consulting$67,418
ADP, INC. · Loan processing · Recordkeeping$34,012
KLICHS LLP · Recordkeeping · Pension consulting$18,671

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, KLICHS LLP, Morgan Stanley
2023ADP, KLICHS LLP, Morgan Stanley

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

Administrative cost history3
2024$120,101 · 0.21%
2023$115,094 · 0.24%
2022$114,008 · 0.24%
Similar plansTransportation & Warehousing · California
Japan Airlines Co., LTD. CA$68.0M · 0.12%
Eva Airways Corp. CA$67.5M · 0.03%
Mainfreight USA Partnership CA$65.4M · 0.35%
Sankyo Holdings, Inc. CA$61.5M · 0.13%
Trapac, LLC CA$59.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 956885942 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.