Plan Ledger DOL Form 5500 · updated monthly

Kuka Toledo Production Operations, LLC401(k)

KTPO 401(K) PLAN FOR HOURLY EMPLOYEES · TOLEDO, OH · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Kuka Toledo Production Operations, LLC reported $63,758 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $5,757 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 0.25% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 836th-largest of 3,295 plans among Ohio employers on file, and the 3,899th of 13,661 in manufacturing. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves; active participation has shrunk from 339 to 274 since 2022.

Plan summary
Net assets, end of year$36,929,247
Participants with balances291
Active participants274
Employer contributions$1,577,340
Employee contributions$1,268,491
Employer contribution per active participant$5,757
Average account balance$126,905
Benefits paid to participants$4,520,852
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.9M · 291 accts · $1.6M emplr
2023$34.4M · 320 accts · $1.2M emplr
2022$29.9M · 334 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,758
Total administrative$63,758
The Kuka Toledo Production Operations, LLC 401(k) match · 2024
Employer contribution per active participant$5,757
Median for plans this size$2,416
2024$5,757 per active participant
2023$3,658 per active participant
2022$4,803 per active participant

Kuka Toledo Production Operations, LLC'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$63,758
DOEREN MAYHEW ASSURANCE · Other servicesindirect comp
RBC WEALTH MANAGEMENT · Consultingindirect 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$63,758 · 0.18%
2023$62,967 · 0.20%
2022$81,922 · 0.25%
Similar plansManufacturing · Ohio
Lion Group, Inc. OH$37.3M · 0.21%
Fram Group Operations LLC OH$37.2M · 0.44%
Mack Industries, Inc. OH$36.8M · 0.39%
Baxters North America, Inc. OH$36.6M · 0.54%
Q-Lab Corporation OH$36.2M · 0.00%
Brake Parts Inc LLC OH$36.1M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300280986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.