The Kinetic Group, Inc. 401(k) Review & Grade
The Kinetic Group, Inc. 401(k) Plan
Anoka, MNManufacturing4,415 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,905Employer $ per active participant
$7,465Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$529.1MNet plan assets, end of year
$99,319Average balance per account
Score breakdown
- Employer generosity34.5 / 5069th percentile for employer $ per participant
- Low cost11.4 / 2546th percentile for low admin cost vs. same-size plans
- Employee saving9.6 / 1564th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score63 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 69th |
| Lower admin cost | 46th |
| Employee saving | 64th |
| Peers that auto-enroll | 70% |
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
Corrective distributions: the plan refunded $8,868 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Kinetic Group put in about $4,905 per active participant, more than the typical peer ($3,452). 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 | $21,655,808 |
| Participant (employee) contributions | $32,958,990 |
| Other contributions (incl. rollovers in) | $2,638,236 |
| Administrative expenses paid from the plan | $777,615 |
| Other admin expenses | $777,615 |
| Benefits paid out | $77,767,512 |
| Net assets, start / end of year | $567.8M / $529.1M |
| Active participants, start / end of year | 5,303 / 3,527 |
| Participants with account balances | 5,327 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Grant Thornton LLP |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $630,414 reported compensation |
| Reed Smith | $89,909 reported compensation |
| Aon Investments USA Inc | $44,981 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014172030NAL0003376385001, received 2025-10-14, EIN 47-1016855, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.