KTH Parts Industries, Inc. 401(k) Review & Grade
KTH Parts Industries, Inc. 401(k) Savings Plan
ST. Paris, OHManufacturing705 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,026Employer $ per active participant
$3,394Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$63.7MNet plan assets, end of year
$90,957Average balance per account
Score breakdown
- Employer generosity22.0 / 5044th percentile for employer $ per participant
- Low cost21.6 / 2586th percentile for low admin cost vs. same-size plans
- Employee saving4.2 / 1528th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score58 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 44th |
| Lower admin cost | 86th |
| Employee saving | 28th |
| 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
- KTH Parts Industries put in about $2,026 per active participant, below the typical peer ($2,320). 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.
- 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 | $1,428,258 |
| Participant (employee) contributions | $2,392,905 |
| Other contributions (incl. rollovers in) | $0 |
| Administrative expenses paid from the plan | $33,015 |
| Other admin expenses | $33,015 |
| Benefits paid out | $7,166,303 |
| Net assets, start / end of year | $60.1M / $63.7M |
| Active participants, start / end of year | 713 / 697 |
| Participants with account balances | 700 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Brixey and Meyer Inc. |
Largest service providers (Schedule C)
| Merrill Lynch, Pierce, Fenner and S | $33,040 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014125227NAL0002954433001, received 2025-10-14, EIN 34-1441988, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.