Plan Ledger DOL Form 5500 · updated monthly

Kreuter Manufacturing Company, Inc.401(k)

KMC CONTROLS, INC. 401(K) PLAN AND TRUST · NEW PARIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Kreuter Manufacturing Company, Inc. reported $47,555 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,339 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 3 years on file its reported administrative ratio has held roughly steady near 0.25%. 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 584th-largest of 1,562 plans among Indiana employers on file, and the 6,094th of 13,661 in manufacturing. In 2024, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,131,259
Participants with balances134
Active participants147
Employer contributions$343,820
Employee contributions$796,955
Employer contribution per active participant$2,339
Average account balance$142,771
Benefits paid to participants$3,756,911
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 134 accts · $344K emplr
2023$19.0M · 121 accts · $329K emplr
2022$15.7M · 124 accts · $344K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,555
Total administrative$47,555
The Kreuter Manufacturing Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,339
Median for plans this size$2,416
2024$2,339 per active participant
2023$2,150 per active participant
2022$2,476 per active participant

Kreuter Manufacturing Company, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
SHEPHERD FINANCIAL INVESTMENT ADV · Investment advisory (plan)$33,000
SHEPHERD PLAN PARTNERS LLC · Contract administrator$2,025
SOUTHEASTERN EMPLOYEE BENEFIT SERVI · Contract administrator$400

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$47,555 · 0.25%
2023$45,545 · 0.26%
2022$46,579 · 0.26%
Same employer
Similar plansManufacturing · Indiana
Park 100 Foods, Inc. IN$20.0M · 0.18%
Khorporate Holdings, Inc. IN$19.3M · 0.25%
Thermwood Corporation IN$19.0M · 0.06%
Helmer Scientific LLC IN$19.0M · 0.40%
Aluminum Trailer Company IN$18.8M · 0.02%
Anchor Industries, Inc. IN$18.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351421135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.