Plan Ledger DOL Form 5500 · updated monthly

Kws Manufacturing Company, LTD401(k)

KWS MANUFACTURING LTD 401K PLAN · BURLESON, TX · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Kws Manufacturing Company, LTD reported $5,927 in plan administrative expenses for 2023: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,103 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 0.11% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (4,215th of 5,688), and 11,542nd of 13,661 in manufacturing. In 2023, employees put in $2.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,368,054
Participants with balances190
Active participants147
Employer contributions$162,188
Employee contributions$480,061
Employer contribution per active participant$1,103
Average account balance$22,990
Benefits paid to participants$656,443
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$116
2023$4.4M · 190 accts · $162K emplr
2022$3.8M · 168 accts · $208K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,927
Total administrative$5,927
The Kws Manufacturing Company, LTD 401(k) match · 2023
Employer contribution per active participant$1,103
Median for plans this size$1,308
2023$1,103 per active participant
2022$1,424 per active participant

Kws Manufacturing Company, LTD's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MINNESOTA LIFE INSURANCE COMPANY · Contract administrator · Recordkeepingindirect 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
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Kws Manufacturing Company, LTD before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$13,716 · 0.63%
2023$5,927 · 0.14%
2022$4,917 · 0.11%
Same employer
Similar plansManufacturing · Texas
Endura Products Corp. TX$4.4M · 0.88%
Tyler Beverages, Inc. TX$4.4M · 0.09%
Conveyors, Inc TX$4.3M · 0.21%
Zinkpower USA TX$4.3M · 0.25%
Sterling BV, Inc. TX$4.2M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141856544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.