Kratos Defense & Security Solutions, Inc 401(k) Review & Grade
Kratos Defense & Security Solutions, Inc. Employee Savings and Investment Plan
San Diego, CAProfessional, Scientific & Technical Services3,254 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,613Employer $ per active participant
$7,921Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$534.3MNet plan assets, end of year
$139,796Average balance per account
Score breakdown
- Employer generosity30.9 / 5062th percentile for employer $ per participant
- Low cost19.6 / 2578th percentile for low admin cost vs. same-size plans
- Employee saving6.5 / 1543th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score47 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 62th |
| Lower admin cost | 78th |
| Employee saving | 43th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($6,725 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $5,958 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Kratos Defense & Security Solutions put in about $3,613 per active participant, more than the typical peer ($2,951). 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 reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $11,758,674 |
| Participant (employee) contributions | $25,777,753 |
| Other contributions (incl. rollovers in) | $6,121,441 |
| Administrative expenses paid from the plan | $250,938 |
| Investment advisory & management fees | $121,394 |
| Benefits paid out | $45,123,741 |
| Net assets, start / end of year | $458.9M / $534.3M |
| Active participants, start / end of year | 3,212 / 3,297 |
| Participants with account balances | 3,822 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | JGD & Associates LLP |
| Employer stock held by plan | $75,993,621 |
Largest service providers (Schedule C)
| Sageview Advisory Group, LLC | $121,394 reported compensation |
| Empower Annuity Insurance Company | $100,544 reported compensation |
| JGD & Associates LLP | $29,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014174758NAL0003521473001, received 2025-10-14, EIN 13-3818604, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.