Plan Ledger DOL Form 5500 · updated monthly

Krone NA Inc401(k)

KRONE NA INC 401(K) PROFIT SHARING PLAN & TRUST · OLIVE BRANCH, MS · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Krone NA Inc reported $30,744 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,842 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 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 113th-largest of 367 plans among Mississippi employers on file, and 2,206th of 4,246 in wholesale trade. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 132 to 147 since 2022.

Plan summary
Net assets, end of year$16,623,350
Participants with balances161
Active participants147
Employer contributions$417,714
Employee contributions$841,736
Employer contribution per active participant$2,842
Average account balance$103,251
Benefits paid to participants$644,291
Plan auditUnmodified (clean) audit opinion
AuditorREYNOLDS BONE & GRIESBECK PLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 161 accts · $418K emplr
2023$13.6M · 165 accts · $394K emplr
2022$11.1M · 163 accts · $407K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,145
Investment management$28,599
Total administrative$30,744
The Krone NA Inc 401(k) match · 2024
Employer contribution per active participant$2,842
Median for plans this size$2,416
2024$2,842 per active participant
2023$2,791 per active participant
2022$3,082 per active participant

Krone NA Inc's 2024 employer contribution ran above 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 · 20243
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$28,599
ADP, INC. · Recordkeeping$2,145
ADP BROKER-DEALERindirect comp

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, UBS
2023ADP, BARNES PETTEY FINANCIAL ADVISORS, L

This plan has changed recordkeepers within these filings. If you left Krone NA Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$30,744 · 0.20%
2023$24,636 · 0.20%
2022$25,830 · 0.21%
Same employer
Similar plansWholesale Trade · Mississippi
Ergon Asphalt Partners, LP MS$25.1M · 0.31%
Van Zyverden, Inc. MS$18.4M · 0.44%
Waring Oil Company, LLC MS$16.7M · 0.49%
Hotel & Restaurant Supply MS$12.8M · 0.06%
Precision Spine Inc. MS$10.3M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222019484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.