Kuhn North America, Inc. 401(k) Review & Grade
Kuhn North America Retirement Savings Plan
Brodhead, WIManufacturing696 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,699Employer $ per active participant
$4,945Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$112.6MNet plan assets, end of year
$123,548Average balance per account
Score breakdown
- Employer generosity28.8 / 5058th percentile for employer $ per participant
- Low cost15.6 / 2562th percentile for low admin cost vs. same-size plans
- Employee saving7.5 / 1550th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score52 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 58th |
| Lower admin cost | 62th |
| Employee saving | 50th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Corrective distributions: the plan refunded $15,949 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Kuhn North America put in about $2,699 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.
- 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 | $1,879,881 |
| Participant (employee) contributions | $3,444,497 |
| Other contributions (incl. rollovers in) | $15,065 |
| Administrative expenses paid from the plan | $164,724 |
| Investment advisory & management fees | $25,000 |
| Benefits paid out | $7,584,497 |
| Net assets, start / end of year | $100.1M / $112.6M |
| Active participants, start / end of year | 722 / 671 |
| Participants with account balances | 911 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Sva Certified Public Accountants SC |
Largest service providers (Schedule C)
| Oneamerica Retirement Services, LLC | $139,724 reported compensation |
| Oneamerica Inv Adv Services, LLC | $25,000 reported compensation |
| Matrix Trust Company | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250801075455NAL0006050929001, received 2025-08-01, EIN 82-0566728, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.