Koch Services, Inc. 401(k) Review & Grade
Koch Companies 401(k) Retirement Savings Plan
Minneapolis, MNTransportation & Warehousing1,354 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$639Employer $ per active participant
$4,236Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$57.3MNet plan assets, end of year
$43,592Average balance per account
Score breakdown
- Employer generosity16.6 / 5033th percentile for employer $ per participant
- Low cost21.2 / 2585th percentile for low admin cost vs. same-size plans
- Employee saving9.8 / 1565th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score38 / 100 · Grade D
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 33th |
| Lower admin cost | 85th |
| Employee saving | 65th |
| Peers that auto-enroll | 37% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $607 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Koch Services put in about $639 per active participant, below the typical peer ($1,070). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- 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 | $865,680 |
| Participant (employee) contributions | $5,737,806 |
| Other contributions (incl. rollovers in) | $984,951 |
| Administrative expenses paid from the plan | $32,445 |
| Benefits paid out | $10,894,317 |
| Net assets, start / end of year | $53.6M / $57.3M |
| Active participants, start / end of year | 1,435 / 1,274 |
| Participants with account balances | 1,314 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $32,445 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250925090659NAL0010269843001, received 2025-09-25, EIN 99-2276736, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.