Plan Ledger DOL Form 5500 · updated monthly

Kumon North America, Inc.401(k)

KUMON NORTH AMERICA, INC. 401(K) PLAN · RUTHERFORD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Kumon North America, Inc. reported $10,684 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,197 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 0.019% to 0.016%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 465th-largest of 2,419 plans among New Jersey employers on file, and the 719th of 3,091 in educational services. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,255,865
Participants with balances439
Active participants294
Employer contributions$1,527,840
Employee contributions$2,744,382
Employer contribution per active participant$5,197
Average account balance$157,758
Benefits paid to participants$4,520,922
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.3M · 439 accts · $1.5M emplr
2023$60.4M · 445 accts · $1.5M emplr
2022$53.6M · 444 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,684
Total administrative$10,684
The Kumon North America, Inc. 401(k) match · 2024
Employer contribution per active participant$5,197
Median for plans this size$3,635
2024$5,197 per active participant
2023$4,713 per active participant
2022$4,628 per active participant

Kumon North America, Inc.'s 2024 employer contribution ran above 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
JOHN HANCOCK RETIREMENT PLAN SRVS · Recordkeeping · Loan processing$11,015
NEW YORK LIFE INSURANCE COMPANY · 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.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$10,684 · 0.02%
2023$10,684 · 0.02%
2022$11,159 · 0.02%
Same employer
Similar plansEducational Services · New Jersey
Blair Academy NJ$78.3M · 0.16%
Saint Peter's University NJ$76.0M · 0.02%
Berlitz Corporation NJ$74.8M · 0.05%
Georgian Court University NJ$74.3M · 0.08%
The Hun School of Princeton NJ$62.8M · 0.08%
Rutgers Preparatory School NJ$61.7M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954254899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.