Plan Ledger DOL Form 5500 · updated monthly

Kws-Seeds, Inc. (Delaware)401(k)

INCENTIVE SAVINGS PLAN AND TRUST FOR EMPLOYEES OF THE KWS SEEDS GROUP · BLOOMINGTON, MN · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Kws-Seeds, Inc. (Delaware) reported $82,220 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $3,990 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 0.20% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 585th-largest of 1,918 plans among Minnesota employers on file, and the 118th of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,042,614
Participants with balances328
Active participants255
Employer contributions$1,017,452
Employee contributions$2,410,205
Employer contribution per active participant$3,990
Average account balance$119,032
Benefits paid to participants$3,865,658
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.0M · 328 accts · $1.0M emplr
2023$34.5M · 332 accts · $907K emplr
2022$28.1M · 315 accts · $818K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,000
Audit (IQPA)$15,220
Total administrative$82,220
The Kws-Seeds, Inc. (Delaware) 401(k) match · 2024
Employer contribution per active participant$3,990
Median for plans this size$2,416
2024$3,990 per active participant
2023$3,571 per active participant
2022$3,408 per active participant

Kws-Seeds, Inc. (Delaware)'s 2024 employer contribution ran above 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$67,000
CLIFTONLARSONALLEN LLP · Accounting / audit$15,225

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$82,220 · 0.22%
2023$67,235 · 0.21%
2022$63,254 · 0.20%
Same employer
Similar plansAgriculture, Forestry & Fishing · Minnesota
Central Farm Service MN$48.3M · 0.17%
Farmward Cooperative MN$46.9M · 0.13%
Pheasants Forever, Inc. MN$39.3M · 0.22%
Schwartz Farms, Inc. MN$35.2M · 0.22%
Arnold Companies, Inc. MN$31.7M · 0.44%
United Farmers Cooperative MN$31.5M · 0.29%
Big Gain, Inc. MN$27.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570676870 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.