Employers › Kratos Defense & Security Solutions
Recordkeeping fees per participant · Kratos Defense & Security Solutions, Inc. Employee Savings and Investment Plan · plan year 2024
$26.31
Higher than 22% of the 1,697 plans $250M to 1B that report it.
= $100,544 / 3,822
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014174758NAL0003521473001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014174758NAL0003521473001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans $250M to 1B 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 2025-10-14.
Administrative expenses excluding investment management, per participant
$33.89
Higher than 18% of the 2,324 plans $250M to 1B that report it.
= $129,544 / 3,822
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014174758NAL0003521473001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014174758NAL0003521473001, received 2025-10-14
Administrative expenses per participant
$65.66
Higher than 32% of the 2,405 plans $250M to 1B that report it.
= $250,938 / 3,822
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014174758NAL0003521473001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014174758NAL0003521473001, received 2025-10-14
Administrative expenses as a share of assets
0.047%
Higher than 30% of the 2,407 plans $250M to 1B that report it.
= $250,938 / $534,301,824
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014174758NAL0003521473001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014174758NAL0003521473001, received 2025-10-14
Employer contributions per participant
$3,077
Higher than 50% of the 2,457 plans $250M to 1B that report it.
= $11,758,674 / 3,822
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014174758NAL0003521473001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014174758NAL0003521473001, received 2025-10-14
Employer share of total contributions
26.9%
Higher than 36% of the 2,459 plans $250M to 1B that report it.
= $11,758,674 / $43,657,868
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014174758NAL0003521473001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014174758NAL0003521473001, received 2025-10-14
Plan terms are described in Kratos Defense & Security Solutions, Inc.'s SEC filings: Form 10-K filed 2026-02-23. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2H partially 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 20251014174758NAL0003521473001, received 2025-10-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | KRATOS DEFENSE & SECURITY SOLUTIONS, INC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Plan name | KRATOS DEFENSE & SECURITY SOLUTIONS, INC. EMPLOYEE SAVINGS AND INVESTMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Sponsor EIN / plan number | 13-3818604 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Sponsor location | SAN DIEGO, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Industry (business code) | 541330, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Participants, beginning of year | 4,635 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Active participants | 3,297 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Participants, end of year | 4,687 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Participants with an account balance | 3,822 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Total assets, beginning of year | $458,950,320 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Total assets, end of year | $534,301,824 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Net assets, end of year | $534,301,824 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Total income | $120,760,617 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Net income | $75,368,156 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Employer contributions | $11,758,674 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Participant contributions | $25,777,753 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $6,121,441 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Total contributions | $43,657,868 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Benefit payments | $45,123,741 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $45,392,461 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Total administrative expenses | $250,938 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Recordkeeping fees | $100,544 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| IQPA audit fees | $29,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Investment advisory and management fees | $121,394 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Administrative expenses excluding investment management | $129,544 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Held in common/collective trusts | $144,302,334 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Held in mutual funds | $257,660,097 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014174758NAL0003521473001, received 2025-10-14 |
| Independent auditor | JGD & ASSOCIATES LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014174758NAL0003521473001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014174758NAL0003521473001, received 2025-10-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| SAGEVIEW ADVISORY GROUP, LLC | NONE | 27 Investment advisory (plan) | $121,394 | no |
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | NONE | 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $100,544 | yes |
| JGD & ASSOCIATES LLP | NONE | 10 Accounting (including auditing) | $29,000 | 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 20251014174758NAL0003521473001, received 2025-10-14.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $458,950,320 | $534,301,824 | 16.4% |
| Participants with a balance | 3,666 | 3,822 | 4.3% |
| Administrative expenses | $234,301 | $250,938 | 7.1% |
| Recordkeeping fees per participant | $30.64 | $26.31 | -14.1% |
| Employer contributions | $10,402,175 | $11,758,674 | 13.0% |
Prior filing 20241014165000NAL0027904529001, received 2024-10-14; the plan years are contiguous.
Sponsor name as filed: KRATOS DEFENSE & SECURITY SOLUTIONS, INC; SEC registrant: KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (CIK 1069258, matched by EIN; display name from the Form 10-K cover).