Plan Ledger DOL Form 5500 · updated monthly

Wichita Kenworth, Inc.401(k)

WICHITA KENWORTH, INC. 401(K) PLAN · PARK CITY, KS · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Wichita Kenworth, Inc. reported $44,569 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $1,355 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 0.41% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kansas (556th of 828), and 9,629th of 13,661 in manufacturing. In 2024, employees put in $2.45 for every $1.00 the employer contributed; active participation has grown from 219 to 246 since 2022.

Plan summary
Net assets, end of year$8,090,036
Participants with balances266
Active participants246
Employer contributions$333,388
Employee contributions$818,144
Employer contribution per active participant$1,355
Average account balance$30,414
Benefits paid to participants$764,153
Plan auditUnmodified (clean) audit opinion
AuditorALLEN, GIBBS & HOULIK, L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 266 accts · $333K emplr
2023$6.8M · 240 accts · $299K emplr
2022$5.7M · 240 accts · $197K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,417
Investment management$17,595
Trustee / custodial$10,557
Total administrative$44,569
The Wichita Kenworth, Inc. 401(k) match · 2024
Employer contribution per active participant$1,355
Median for plans this size$1,313
2024$1,355 per active participant
2023$1,287 per active participant
2022$901 per active participant

Wichita Kenworth, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
INTRUST BANK, N.A. · Recordkeeping · Trustee (discretionary)$44,569

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

Recordkeeper by year2
2024INTRUST BANK, N.A.
2023INTRUST BANK, N.A.

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$44,569 · 0.60%
2023$39,912 · 0.64%
2022$25,114 · 0.41%
Same employer
Similar plansManufacturing · Kansas
Central Plastics, Inc. KS$8.5M · 0.31%
Kocher + Beck USA, L.P. KS$8.3M · 0.31%
Scott Specialties, Inc. KS$8.0M · 0.41%
Brown Industries, LLC KS$7.4M · 0.69%
Pkm Steel Service, Inc. KS$6.9M · 0.69%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 480778005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.