Plan Ledger DOL Form 5500 · updated monthly

Kubota Engine America Corporation401(k)

KUBOTA ENGINE AMERICA CORPORATION 401(K) PLAN · LINCOLNSHIRE, IL · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Kubota Engine America Corporation reported $87,693 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $8,210 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 0.33% to 0.32%. 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 1,359th-largest of 3,702 plans among Illinois employers on file, and the 1,415th of 4,246 in wholesale trade. In 2024, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,547,615
Participants with balances146
Active participants115
Employer contributions$944,116
Employee contributions$1,195,807
Employer contribution per active participant$8,210
Average account balance$195,532
Benefits paid to participants$4,978,676
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.5M · 146 accts · $944K emplr
2023$27.1M · 150 accts · $946K emplr
2022$22.1M · 141 accts · $837K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,693
Total administrative$87,693
The Kubota Engine America Corporation 401(k) match · 2024
Employer contribution per active participant$8,210
Median for plans this size$2,416
2024$8,210 per active participant
2023$8,087 per active participant
2022$7,541 per active participant

Kubota Engine America Corporation's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$87,693
THE BENEFITS CONSULTING GROUP INC · Other servicesindirect comp
EQUITABLE ADVISORS, LLC. · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$87,693 · 0.32%
2023$78,251 · 0.32%
2022$82,635 · 0.33%
Same employer
Similar plansWholesale Trade · Illinois
Marshall Associates, Inc. IL$30.7M · 0.19%
Misumi USA, Inc. IL$29.8M · 0.25%
Dfs Holding Company, LLC IL$29.8M · 0.61%
Koerner Distributor, Inc. IL$28.3M · 0.57%
Quad Plus LLC IL$28.1M · 0.51%
Jon-Don, LLC IL$27.8M · 0.39%
Chervon North America, Inc. IL$27.7M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364182595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.