Plan Ledger DOL Form 5500 · updated monthly

Kostal of America Inc.401(k)

KOSTAL OF AMERICA, INC. 401(K) PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Kostal of America Inc. reported $460,505 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,536 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 0.53% to 0.57%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 327th-largest of 2,619 plans among Michigan employers on file, and the 2,095th of 13,661 in manufacturing. In 2024, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$87,620,413
Participants with balances533
Active participants483
Employer contributions$3,157,105
Employee contributions$5,331,264
Employer contribution per active participant$6,536
Average account balance$164,391
Benefits paid to participants$4,557,883
Plan auditDisclaimer of opinion
AuditorMRPR GROUP P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$87.6M · 533 accts · $3.2M emplr
2023$72.7M · 528 accts · $3.0M emplr
2022$56.2M · 490 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$460,505
Total administrative$460,505
The Kostal of America Inc. 401(k) match · 2024
Employer contribution per active participant$6,536
Median for plans this size$3,635
2024$6,536 per active participant
2023$6,124 per active participant
2022$5,486 per active participant

Kostal of America Inc.'s 2024 employer contribution ran above 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$460,504
UBS FINANCIAL SERVICES INC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$460,505 · 0.57%
2023$355,607 · 0.55%
2022$313,069 · 0.53%
Same employer
Similar plansManufacturing · Michigan
Duro-Last, Inc. MI$90.6M · 0.02%
Eagle Alloy, Inc. MI$88.9M · 0.04%
Ai-Cares, LLC MI$87.4M · 0.23%
Auria Solutions USA, Inc. MI$86.5M · 0.15%
US Farathane, LLC MI$86.4M · 0.28%
Bridgewater Interiors, LLC MI$83.5M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363137862 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.