Koch Companies, LLC 401(k) Review & Grade
Koch Employees' Savings Plan
Wichita, KSManufacturing11,586 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$10,805Employer $ per active participant
$11,603Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$4.3BNet plan assets, end of year
$241,464Average balance per account
Score breakdown
- Employer generosity41.3 / 5083th percentile for employer $ per participant
- Low cost22.6 / 2590th percentile for low admin cost vs. same-size plans
- Employee saving10.2 / 1568th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score81 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 10,000+ active participants (151 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 83th |
| Lower admin cost | 90th |
| Employee saving | 68th |
| Peers that auto-enroll | 69% |
Red flags from the filing
Corrective distributions: the plan refunded $1,708,004 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Koch Companies put in about $10,805 per active participant, more than the typical peer ($5,480). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $125,186,437 |
| Participant (employee) contributions | $134,433,547 |
| Other contributions (incl. rollovers in) | $40,601,785 |
| Administrative expenses paid from the plan | $884,058 |
| Contract administrator fees | $17,400 |
| Investment advisory & management fees | $862,753 |
| Other admin expenses | $136,679 |
| Benefits paid out | $430,880,670 |
| Net assets, start / end of year | $3.9B / $4.3B |
| Active participants, start / end of year | 11,423 / 11,749 |
| Participants with account balances | 17,960 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $862,753 reported compensation |
| Alight Financial Advisors, LLC | $58,025 reported compensation |
| The Vanguard Group, Inc. | $27,352 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009114115NAL0006924241001, received 2025-10-09, EIN 99-2447784, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.
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