Plan Ledger DOL Form 5500 · updated monthly

Kurz Transfer Products, LP401(k)

KURZ AMERICA EMPLOYEES' CASH-DEFERRED ARRANGEMENT · HUNTERSVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Kurz Transfer Products, LP reported $31,720 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,186 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 3 years on file its reported administrative ratio has held roughly steady near 0.111%. 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 566th-largest of 2,005 plans among North Carolina employers on file, and the 4,489th of 13,661 in manufacturing. In 2024, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,010,180
Participants with balances404
Active participants352
Employer contributions$769,382
Employee contributions$1,771,593
Employer contribution per active participant$2,186
Average account balance$74,283
Benefits paid to participants$3,062,119
Plan auditUnmodified (clean) audit opinion
AuditorGREERWALKER CPAS & ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$30.0M · 404 accts · $769K emplr
2023$27.0M · 399 accts · $759K emplr
2022$23.3M · 404 accts · $729K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,369
Investment management$2,351
Total administrative$31,720
The Kurz Transfer Products, LP 401(k) match · 2024
Employer contribution per active participant$2,186
Median for plans this size$2,416
2024$2,186 per active participant
2023$2,149 per active participant
2022$2,008 per active participant

Kurz Transfer Products, LP'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 · 20241
T ROWE PRICE RPS INC · Recordkeeping · Trustee$29,372

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$31,720 · 0.11%
2023$30,602 · 0.12%
2022$28,455 · 0.11%
Same employer
Similar plansManufacturing · North Carolina
H.W. Culp Lumber Company NC$31.9M · 0.30%
Goulston Technologies, Inc. NC$31.0M · 0.26%
Wilbert, Inc. NC$29.3M · 0.11%
Avl Technologies NC$29.1M · 0.22%
Bestco, LLC NC$28.5M · 0.26%
Sontara Old Hickory Inc. NC$28.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232677477 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.