Employers › Kimball Electronics
Recordkeeping fees per participant · Kimball Electronics Retirement Plan · plan year 2024
$47.09
Higher than 34% of the 5,847 plans $50 to 250M that report it.
= $73,044 / 1,551
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250725112443NAL0003137699001, received 2025-07-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250725112443NAL0003137699001, received 2025-07-25
Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2025-07-25.
Administrative expenses excluding investment management, per participant
$61.27
Higher than 30% of the 8,758 plans $50 to 250M that report it.
= $95,025 / 1,551
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250725112443NAL0003137699001, received 2025-07-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250725112443NAL0003137699001, received 2025-07-25
Administrative expenses per participant
$79.58
Higher than 27% of the 9,042 plans $50 to 250M that report it.
= $123,422 / 1,551
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250725112443NAL0003137699001, received 2025-07-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250725112443NAL0003137699001, received 2025-07-25
Administrative expenses as a share of assets
0.080%
Higher than 30% of the 9,049 plans $50 to 250M that report it.
= $123,422 / $153,959,210
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250725112443NAL0003137699001, received 2025-07-25
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250725112443NAL0003137699001, received 2025-07-25
Employer contributions per participant
$3,019
Higher than 55% of the 9,105 plans $50 to 250M that report it.
= $4,682,456 / 1,551
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250725112443NAL0003137699001, received 2025-07-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250725112443NAL0003137699001, received 2025-07-25
Employer share of total contributions
34.2%
Higher than 65% of the 9,112 plans $50 to 250M that report it.
= $4,682,456 / $13,686,885
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250725112443NAL0003137699001, received 2025-07-25
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250725112443NAL0003137699001, received 2025-07-25
Employer match
“The Company matches 50% of eligible employee contributions up to 6%.”
Form 10-K filed 2026-08-19, for the year ended 2026-06-30 · benefits note, 10-K benefits note · source document
Eligibility
“Employees are generally eligible to participate immediately upon employment with the Company.”
Form 11-K filed 2026-06-23, for the year ended 2025-12-31 · plan description note, general (fallback) · source document
Automatic enrollment
“Employees are automatically enrolled in the Plan with a 5% payroll deduction and a 1% increase in their payroll deduction annually up to a maximum of 20%, unless the employee submits notice to Vanguard to decline participation, change the contribution percentage, or change the annual increase.”
Form 11-K filed 2026-06-23, for the year ended 2025-12-31 · plan description note, general · source document
Terms quoted from the filing for the year ended 2025-12-31 and 2026-06-30. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250725112443NAL0003137699001, received 2025-07-25
| Field | Value | Source |
|---|---|---|
| Plan sponsor | KIMBALL ELECTRONICS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Plan name | KIMBALL ELECTRONICS RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Sponsor EIN / plan number | 35-2047713 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Sponsor location | JASPER, IN | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Industry (business code) | 334410, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Filing received | 2025-07-25 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Participants, beginning of year | 1,635 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Active participants | 1,173 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Participants, end of year | 1,579 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Participants with an account balance | 1,551 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Total assets, beginning of year | $141,199,382 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Total assets, end of year | $153,959,210 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Net assets, end of year | $153,959,210 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Total income | $29,683,066 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Net income | $12,759,828 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Employer contributions | $4,682,456 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Participant contributions | $7,685,647 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Other contributions (incl. rollovers) | $1,318,782 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Total contributions | $13,686,885 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Benefit payments | $16,799,389 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Total expenses (incl. benefit payments) | $16,923,238 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Total administrative expenses | $123,422 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Recordkeeping fees | $73,044 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Investment advisory and management fees | $28,397 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Administrative expenses excluding investment management | $95,025 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Held in common/collective trusts | $10,380,784 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Held in mutual funds | $139,362,217 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250725112443NAL0003137699001, received 2025-07-25 |
| Independent auditor | CROWE | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250725112443NAL0003137699001, received 2025-07-25 |
Position = column in the DOL layout for form year 2024. Filing 20250725112443NAL0003137699001, received 2025-07-25.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC.recordkeeper | NONE | 15 Recordkeeping and information management; 16 Consulting (general); 25 Trustee (directed); 37 Participant loan processing; 52 Investment management fees paid indirectly by plan; 99 Other fees | $104,285 | yes |
| VANGUARD ADVISERS INC. | NONE | 26 Investment advisory (participants) | $24,198 | no |
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 20250725112443NAL0003137699001, received 2025-07-25.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $141,199,382 | $153,959,210 | 9.0% |
| Participants with a balance | 1,615 | 1,551 | -4.0% |
| Administrative expenses | $63,372 | $123,422 | 94.8% |
| Recordkeeping fees per participant | $26.13 | $47.09 | 80.2% |
| Employer contributions | $1,249,435 | $4,682,456 | 274.8% |
Prior filing 20240730111135NAL0019929329001, received 2024-07-30; the plan years are contiguous.
Sponsor name as filed: KIMBALL ELECTRONICS, INC.; SEC registrant: Kimball Electronics, Inc. (CIK 1606757, matched by EIN; display name from the Form 11-K cover).