Plan Ledger DOL Form 5500 · updated monthly

Kyb Americas Corporation401(k)

KYB AMERICAS CORPORATION 401(K) PLAN · FRANKLIN, IN · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Kyb Americas Corporation reported $117,171 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,284 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 0.28% to 0.24%. 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 285th-largest of 1,562 plans among Indiana employers on file, and the 3,098th of 13,661 in manufacturing. In 2024, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$51,104,346
Participants with balances867
Active participants730
Employer contributions$1,667,522
Employee contributions$3,073,241
Employer contribution per active participant$2,284
Average account balance$58,944
Benefits paid to participants$6,480,129
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.1M · 867 accts · $1.7M emplr
2023$47.2M · 815 accts · $1.5M emplr
2022$41.5M · 818 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,623
Investment management$85,548
Total administrative$117,171
The Kyb Americas Corporation 401(k) match · 2024
Employer contribution per active participant$2,284
Median for plans this size$2,416
2024$2,284 per active participant
2023$2,113 per active participant
2022$2,579 per active participant

Kyb Americas Corporation'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 · 20244
LPL FINANCIAL · Recordkeeping · Pension consulting$70,048
ADP, INC. · Loan processing · Recordkeeping$31,623
SIKICH CAPITAL MANAGEMENT, LLC · Recordkeeping · Pension consulting$15,500
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP, LPL Financial, SIKICH CAPITAL MANAGEMENT, LLC
2023ADP, LPL Financial, SIKICH CAPITAL MANAGEMENT, LLC

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Administrative cost history3
2024$117,171 · 0.24%
2023$106,969 · 0.24%
2022$127,262 · 0.28%
Same employer
Similar plansManufacturing · Indiana
Telamon Corporation IN$53.9M · 0.22%
Marian, Inc. IN$51.6M · 0.09%
Hurco Companies, Inc. IN$50.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352141045 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.