Plan Ledger DOL Form 5500 · updated monthly

Kymanox Corporation401(k)

KYMANOX CORPORATION 401(K) PLAN · MORRISVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Kymanox Corporation reported $91,438 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,565 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 0.61% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 749th-largest of 2,005 plans among North Carolina employers on file, and the 5,630th of 11,654 in professional & technical services. In 2024, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,592,331
Participants with balances239
Active participants197
Employer contributions$1,096,258
Employee contributions$2,491,572
Employer contribution per active participant$5,565
Average account balance$81,976
Benefits paid to participants$1,454,553
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 239 accts · $1.1M emplr
2023$14.8M · 240 accts · $1.1M emplr
2022$8.8M · 209 accts · $889K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,438
Total administrative$91,438
The Kymanox Corporation 401(k) match · 2024
Employer contribution per active participant$5,565
Median for plans this size$2,416
2024$5,565 per active participant
2023$5,112 per active participant
2022$4,357 per active participant

Kymanox Corporation's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,850
SECREST BLAKEY & ASSOCIATES · Investment advisory (participants)$42,743

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$91,438 · 0.53%
2023$70,555 · 0.60%
2022$49,022 · 0.61%
Same employer
Similar plansProfessional & Technical Services · North Carolina
James S. Farrin P.C. NC$19.9M · 0.08%
Precision Biosciences, Inc. NC$19.1M · 0.02%
Med-El Corporation NC$17.6M · 0.35%
Vets Pets NC$17.4M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810915091 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.