Plan Ledger DOL Form 5500 · updated monthly

Stan Koch & Sons Trucking, Inc.401(k)

KOCH COMPANIES 401(K) RETIREMENT SAVINGS PLAN · MINNEAPOLIS, MN · plan year 2023

Employer contribution per participant · 2023
$782

Stan Koch & Sons Trucking, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $53,552,510 across 1,275 participant accounts, with employer contributions averaging $782 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 472nd-largest of 1,918 plans among Minnesota employers on file, and the 366th of 2,677 in transportation & warehousing. In 2023, employees put in $5.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,552,510
Participants with balances1,275
Active participants1,435
Employer contributions$1,122,084
Employee contributions$5,766,476
Employer contribution per active participant$782
Average account balance$42,002
Benefits paid to participants$7,472,112
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$53.6M · 1,275 accts · $1.1M emplr
2022$46.0M · 1,237 accts · $956K emplr
Administrative expenses, itemized · 2023
Investment management$3,750
Total administrative-$1,644
The Stan Koch & Sons Trucking, Inc. 401(k) match · 2023
Employer contribution per active participant$782
Median for plans this size$2,440
2023$782 per active participant
2022$593 per active participant

Stan Koch & Sons Trucking, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history2
2023Not separately reported
2022$15,381 · 0.03%
Same employer
Similar plansTransportation & Warehousing · Minnesota
Koch Services, Inc. MN$63.8M · 0.18%
Wayne Transports, Inc MN$45.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411338292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.