Plan Ledger DOL Form 5500 · updated monthly

Ktm North America, Inc.401(k)

KTM NORTH AMERICA INC. 401(K) PROFIT SHARING PLAN AND TRUST · MURRIETA, CA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Ktm North America, Inc. reported $123,056 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,145 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 0.56% to 0.59%. 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 3,297th-largest of 9,483 plans among California employers on file, and the 1,690th of 4,246 in wholesale trade. In 2024, employees put in $3.04 for every $1.00 the employer contributed; active participation has grown from 270 to 307 since 2022.

Plan summary
Net assets, end of year$22,893,433
Participants with balances388
Active participants307
Employer contributions$658,652
Employee contributions$2,003,112
Employer contribution per active participant$2,145
Average account balance$59,004
Benefits paid to participants$1,779,220
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.9M · 388 accts · $659K emplr
2023$18.8M · 384 accts · $537K emplr
2022$14.8M · 306 accts · $573K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,312
Investment management$47,569
Audit (IQPA)$21,175
Total administrative$123,056
The Ktm North America, Inc. 401(k) match · 2024
Employer contribution per active participant$2,145
Median for plans this size$2,416
2024$2,145 per active participant
2023$1,557 per active participant
2022$2,122 per active participant

Ktm North America, 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$54,312
MMA SECURITIES · Investment advisory (plan)$47,569
PLANTE & MORAN, PLLC · Accounting / audit$21,175

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$123,056 · 0.59%
2023$87,112 · 0.52%
2022$86,711 · 0.56%
Same employer
Similar plansWholesale Trade · California
Seescan, Inc. CA$23.3M · 0.37%
Dynasty Footwear Limited CA$22.9M · 0.01%
Royal Plywood Company, LLC CA$22.9M · 0.02%
Norman International, Inc. CA$22.9M · 0.49%
Intex Corp. CA$22.8M · 0.11%
Spireon, Inc. CA$22.7M · 0.51%
E.L.F. Cosmetics, Inc. CA$22.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341701652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.