Plan Ledger DOL Form 5500 · updated monthly

Ktm Industries Inc401(k)

KTM INDUSTRIES INC 401(K) PROFIT SHARING PLAN & TRUST · HOLT, MI · plan year 2022

Reported admin expense ratio · 2022
0.94%

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

Ktm Industries Inc reported $6,117 in plan administrative expenses for 2022: 0.94% of average plan assets, above the peer median. Employer contributions averaged $615 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,570th of 2,619), and 13,534th of 13,661 in manufacturing. In 2022, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$334,265
Participants with balances83
Active participants265
Employer contributions$162,965
Employee contributions$290,049
Employer contribution per active participant$615
Average account balance$4,027
Benefits paid to participants$909,389
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$334K · 83 accts · $163K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,112
Investment management$5
Total administrative$6,117
The Ktm Industries Inc 401(k) match · 2022
Employer contribution per active participant$615
Median for plans this size$331

Ktm Industries Inc's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$6,117 · 0.94%
Similar plansManufacturing · Michigan
Journeyman Distillery LLC MI$478K · 0.02%
Pearson Foods Corporation MI$451K · 0.19%
Bazco Enterprises, Inc. MI$434K · 0.14%
Mylocker, LLC MI$40K · 1.34%
Bridgestone Apm Company MI$15K · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383358457 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.