Plan Ledger DOL Form 5500 · updated monthly

Kratos Defense & Sec. Sol.401(k)

KRATOS DEFENSE & SECURITY SOLUTIONS, INC. EMPLOYEE · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Kratos Defense & Sec. Sol. reported $250,938 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $3,566 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 0.09% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 249th-largest of 9,483 plans among California employers on file, and the 337th of 11,654 in professional & technical services. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$534,301,824
Participants with balances3,822
Active participants3,297
Employer contributions$11,758,674
Employee contributions$25,777,753
Employer contribution per active participant$3,566
Average account balance$139,796
Benefits paid to participants$45,123,741
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$534.3M · 3,822 accts · $11.8M emplr
2023$458.9M · 3,666 accts · $10.4M emplr
2022$355.6M · 3,293 accts · $7.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,544
Investment management$121,394
Audit (IQPA)$29,000
Total administrative$250,938
The Kratos Defense & Sec. Sol. 401(k) match · 2024
Employer contribution per active participant$3,566
Median for plans this size$4,294
2024$3,566 per active participant
2023$3,239 per active participant
2022$2,387 per active participant

Kratos Defense & Sec. Sol.'s 2024 employer contribution ran below the $4,294 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
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$100,544
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$121,394
JGD & ASSOCIATES LLP · Accounting / audit$29,000

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$250,938 · 0.05%
2023$234,301 · 0.06%
2022$362,194 · 0.09%
Same employer
Similar plansProfessional & Technical Services · California
Okta, Inc. CA$544.7M · 0.02%
The Kleinfelder Group, Inc. CA$539.0M · 0.05%
Salas O'Brien, Inc. CA$537.9M · 0.28%
Guidewire Software CA$483.4M · 0.07%
Korn Ferry CA$478.2M · 0.17%
Ghd Inc. CA$476.8M

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Source: U.S. Department of Labor, Form 5500 series, EIN 133818604 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.