Kemet Electronics Corporation 401(k) Review & Grade
Yageo Group Employees' Savings Plan
Fort Lauderdale, FLManufacturing787 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,573Employer $ per active participant
$7,928Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$204.9MNet plan assets, end of year
$181,947Average balance per account
Score breakdown
- Employer generosity39.9 / 5080th percentile for employer $ per participant
- Low cost16.3 / 2565th percentile for low admin cost vs. same-size plans
- Employee saving12.0 / 1580th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score78 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 80th |
| Lower admin cost | 65th |
| Employee saving | 80th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Kemet Electronics put in about $4,573 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.
- 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 | $3,598,921 |
| Participant (employee) contributions | $6,239,463 |
| Other contributions (incl. rollovers in) | $1,203,753 |
| Administrative expenses paid from the plan | $256,911 |
| Investment advisory & management fees | $556 |
| Other admin expenses | $256,355 |
| Benefits paid out | $25,058,918 |
| Net assets, start / end of year | $163.7M / $204.9M |
| Active participants, start / end of year | 899 / 675 |
| Participants with account balances | 1,126 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Elliott Davis, Llc/pllc |
Largest service providers (Schedule C)
| Mercer | $80,000 reported compensation |
| T Rowe Price RPS, Inc. | $72,582 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015090837NAL0005618336001, received 2025-10-15, EIN 06-1198308, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.