KSB Giw, Inc. 401(k) Review & Grade
KSB Giw, Inc. Retirement Plan
Grovetown, GAManufacturing582 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,704Employer $ per active participant
$6,261Employee $ saved per active participant
0.19%Direct admin cost, % of plan assets
$75.0MNet plan assets, end of year
$110,790Average balance per account
Score breakdown
- Employer generosity45.3 / 5091th percentile for employer $ per participant
- Low cost13.8 / 2555th percentile for low admin cost vs. same-size plans
- Employee saving10.0 / 1567th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score79 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 91th |
| Lower admin cost | 55th |
| Employee saving | 67th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- KSB Giw put in about $6,704 per active participant, more than the typical peer ($2,320). 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 | $3,905,267 |
| Participant (employee) contributions | $3,646,773 |
| Other contributions (incl. rollovers in) | $257,539 |
| Administrative expenses paid from the plan | $137,162 |
| Investment advisory & management fees | $113,176 |
| Benefits paid out | $8,337,977 |
| Net assets, start / end of year | $66.4M / $75.0M |
| Active participants, start / end of year | 595 / 570 |
| Participants with account balances | 677 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Elliott Davis LLC |
Largest service providers (Schedule C)
| Adp, Inc. | $111,226 reported compensation |
| Morgan Stanley Smith Barney | $25,936 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251016003303NAL0005790513001, received 2025-10-16, EIN 58-0912699, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.