Kimray, Inc. 401(k) Review & Grade
Kimray, Inc. 401k Profit Sharing Plan
Oklahoma City, OKManufacturing735 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$8,732Employer $ per active participant
$6,794Employee $ saved per active participant
2.17%Direct admin cost, % of plan assets
$99.5MNet plan assets, end of year
$92,885Average balance per account
Score breakdown
- Employer generosity47.3 / 5095th percentile for employer $ per participant
- Low cost0.2 / 251th percentile for low admin cost vs. same-size plans
- Employee saving10.7 / 1571th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score68 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 95th |
| Lower admin cost | 1th |
| Employee saving | 71th |
| Peers that auto-enroll | 59% |
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
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Kimray put in about $8,732 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.
- Direct plan expenses (2.17% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $6,417,829 |
| Participant (employee) contributions | $4,993,871 |
| Other contributions (incl. rollovers in) | $279,520 |
| Administrative expenses paid from the plan | $2,086,251 |
| Investment advisory & management fees | $61,318 |
| Other admin expenses | $1,769,611 |
| Benefits paid out | $16,728,838 |
| Net assets, start / end of year | $92.8M / $99.5M |
| Active participants, start / end of year | 816 / 654 |
| Participants with account balances | 1,071 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Hogantaylor LLP |
| Employer stock held by plan | $30,452,364 |
Largest service providers (Schedule C)
| Milliman, Inc. | $232,072 reported compensation |
| Pension Consultants Inc. | $61,318 reported compensation |
| Charles Schwab Trust Bank | $26,542 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014154031NAL0001599891001, received 2025-10-14, EIN 73-0563687, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.