Plan Ledger DOL Form 5500 · updated monthly

Kubota Manufacturing of America Corporation401(k)

KUBOTA MANUFACTURING OF AMERICA CORPORATION 401(K) PLAN & TRUST · GAINSVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Kubota Manufacturing of America Corporation reported $342,229 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,579 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 0.22% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 212th-largest of 2,160 plans among Georgia employers on file, and the 1,398th of 13,661 in manufacturing. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$152,455,509
Participants with balances3,408
Active participants3,082
Employer contributions$7,948,147
Employee contributions$12,962,158
Employer contribution per active participant$2,579
Average account balance$44,735
Benefits paid to participants$18,193,885
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$152.5M · 3,408 accts · $7.9M emplr
2023$131.7M · 3,647 accts · $8.4M emplr
2022$102.1M · 3,300 accts · $7.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$272,267
Investment management$69,962
Total administrative$342,229
The Kubota Manufacturing of America Corporation 401(k) match · 2024
Employer contribution per active participant$2,579
Median for plans this size$3,635
2024$2,579 per active participant
2023$2,444 per active participant
2022$2,234 per active participant

Kubota Manufacturing of America Corporation's 2024 employer contribution ran below the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$272,267
MORGAN STANLEY GLOBAL · Investment advisory (plan)$69,962

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$342,229 · 0.24%
2023$315,946 · 0.27%
2022$237,687 · 0.22%
Same employer
Similar plansManufacturing · Georgia
Forterra Pipe & Precast, LLC GA$168.3M · 0.09%
Ricoh Electronics, Inc. GA$160.7M · 0.08%
Altium Packaging LP GA$159.8M · 0.11%
Molnlycke Health Care US LLC GA$152.1M · 0.20%
Ykk Corporation of America GA$149.2M · 0.12%
Argos North America Corp. GA$142.6M · 0.11%
Allnex USA Inc. GA$130.7M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581781948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.