401k Record

Employers › Katahdin Industries

Katahdin Industries 401(k)

Recordkeeping fees per participant · Katahdin Industries, Inc 401(k) Profit Sharing Plan & Trust · plan year 2024

$152.89

Higher than 78% of the 14,075 plans $10 to 50M that report it.

Source

= $29,814 / 195
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009052414NAL0006164465001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009052414NAL0006164465001, received 2025-10-09

10th: $10.53median $83.9490th: $217.08

Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-09.

Cost and contributions

Administrative expenses excluding investment management, per participant

$152.89

10th: $15.36median $118.8890th: $340.63

Higher than 62% of the 24,371 plans $10 to 50M that report it.

Source

= $29,814 / 195
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009052414NAL0006164465001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009052414NAL0006164465001, received 2025-10-09

Administrative expenses per participant

$152.89

10th: $26.86median $197.2590th: $456.10

Higher than 39% of the 25,098 plans $10 to 50M that report it.

Source

= $29,814 / 195
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009052414NAL0006164465001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009052414NAL0006164465001, received 2025-10-09

Administrative expenses as a share of assets

0.246%

10th: 0.035%median 0.289%90th: 0.599%

Higher than 43% of the 25,132 plans $10 to 50M that report it.

Source

= $29,814 / $12,103,216
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009052414NAL0006164465001, received 2025-10-09
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009052414NAL0006164465001, received 2025-10-09

Employer contributions per participant

$2,071

10th: $664median $2,07490th: $4,751

Higher than 50% of the 24,050 plans $10 to 50M that report it.

Source

= $403,812 / 195
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009052414NAL0006164465001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009052414NAL0006164465001, received 2025-10-09

Employer share of total contributions

27.1%

10th: 13.1%median 27.9%90th: 45.2%

Higher than 47% of the 24,084 plans $10 to 50M that report it.

Source

= $403,812 / $1,491,369
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009052414NAL0006164465001, received 2025-10-09
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009052414NAL0006164465001, received 2025-10-09

Plan terms, as stated in Katahdin Industries, Inc.'s SEC filings

Plan terms are not published in public filings.

Plan features

2A age/service-weighted · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251009052414NAL0006164465001, received 2025-10-09

Full record, Katahdin Industries, Inc 401(k) Profit Sharing Plan & Trust

FieldValueSource
Plan sponsorKATAHDIN INDUSTRIES, INCForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251009052414NAL0006164465001, received 2025-10-09
Plan nameKATAHDIN INDUSTRIES, INC 401K PROFIT SHARING PLAN & TRUSTForm 5500, line 1a; PLAN_NAME pos 16; filing 20251009052414NAL0006164465001, received 2025-10-09
Sponsor EIN / plan number04-2347184 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251009052414NAL0006164465001, received 2025-10-09
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251009052414NAL0006164465001, received 2025-10-09
Sponsor locationHUDSON, MAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251009052414NAL0006164465001, received 2025-10-09
Industry (business code)332810, ManufacturingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251009052414NAL0006164465001, received 2025-10-09
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251009052414NAL0006164465001, received 2025-10-09
Filing received2025-10-09Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251009052414NAL0006164465001, received 2025-10-09
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251009052414NAL0006164465001, received 2025-10-09
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251009052414NAL0006164465001, received 2025-10-09
Participants, beginning of year295Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251009052414NAL0006164465001, received 2025-10-09
Active participants205Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251009052414NAL0006164465001, received 2025-10-09
Participants, end of year264Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251009052414NAL0006164465001, received 2025-10-09
Participants with an account balance195Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009052414NAL0006164465001, received 2025-10-09
Total assets, beginning of year$10,124,666Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251009052414NAL0006164465001, received 2025-10-09
Total assets, end of year$12,103,216Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009052414NAL0006164465001, received 2025-10-09
Net assets, end of year$12,103,216Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251009052414NAL0006164465001, received 2025-10-09
Total income$2,706,068Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251009052414NAL0006164465001, received 2025-10-09
Net income$1,978,550Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251009052414NAL0006164465001, received 2025-10-09
Employer contributions$403,812Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009052414NAL0006164465001, received 2025-10-09
Participant contributions$984,664Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251009052414NAL0006164465001, received 2025-10-09
Other contributions (incl. rollovers)$102,893Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251009052414NAL0006164465001, received 2025-10-09
Total contributions$1,491,369Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009052414NAL0006164465001, received 2025-10-09
Benefit payments$695,396Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251009052414NAL0006164465001, received 2025-10-09
Total expenses (incl. benefit payments)$727,518Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251009052414NAL0006164465001, received 2025-10-09
Total administrative expenses$29,814Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009052414NAL0006164465001, received 2025-10-09
Recordkeeping fees$29,814Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009052414NAL0006164465001, received 2025-10-09
Administrative expenses excluding investment management$29,814derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009052414NAL0006164465001, received 2025-10-09
Held in mutual funds$11,872,630Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251009052414NAL0006164465001, received 2025-10-09
Independent auditorCARON & BLETZER, PLLCSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251009052414NAL0006164465001, received 2025-10-09

Position = column in the DOL layout for form year 2024. Filing 20251009052414NAL0006164465001, received 2025-10-09.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
ADP, INC.recordkeeperRECORD KEEPER 37 Participant loan processing; 50 Direct payment from the plan; 15 Recordkeeping and information management; 64 Recordkeeping fees $29,814yes
ADP BROKER-DEALERrecordkeeperRECORD KEEPER 60 Sub-transfer agency fees; 59 Shareholder servicing fees $0yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251009052414NAL0006164465001, received 2025-10-09.

What changed since the 2023 plan year

Figure20232024Change
Total assets$10,124,666$12,103,21619.5%
Participants with a balance1951950.0%
Administrative expenses$27,157$29,8149.8%
Recordkeeping fees per participant$139.27$152.899.8%
Employer contributions$393,578$403,8122.6%

Prior filing 20241010093039NAL0009858451001, received 2024-10-10; the plan years are contiguous.

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Sponsor name as filed: KATAHDIN INDUSTRIES, INC; SEC registrant: Katahdin Industries, Inc. (CIK 1538816, matched by EIN).