Kerr Machine Co DBA Kerr Pumps 401(k) match, vesting and fees
What Kerr Machine Co DBA Kerr Pumps' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Rose Rock Cpa'S, PLLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Kerr Machine Co DBA Kerr Pumps: employer contribution per participant | $2,252 | |
| Peer median | $1,847 |
| Kerr Machine Co DBA Kerr Pumps: average balance | $43,383 | |
| Peer median | $65,512 |
| Kerr Machine Co DBA Kerr Pumps: admin expenses ÷ assets | 0.89% | |
| Peer median | 0.32% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $5.8M at the end of plan year 2021 to $8.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 386 | $8.2M | $426K | $2,252 | 0.89% | Not published | Form 5500 ↗ |
| 2023 | 341 | $6.7M | $398K | $2,152 | 0.62% | Not published | Form 5500 ↗ |
| 2022 | 470 | $5.2M | $400K | $1,259 | 0.07% | Not published | Form 5500 ↗ |
| 2021 | 416 | $5.8M | $306K | $1,138 | — | Not published | Form 5500 ↗ |
Common questions
Does Kerr Machine Co DBA Kerr Pumps match 401(k) contributions?
The match terms for the Kerr Pumps 401(k) Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $426K in employer contributions, about $2,252 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Kerr Machine Co DBA Kerr Pumps 401(k) match vested?
The vesting schedule for the Kerr Pumps 401(k) Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Kerr Machine Co DBA Kerr Pumps 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is National Benefit Services, LLC.
I left Kerr Machine Co DBA Kerr Pumps. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (National Benefit Services, LLC, (801) 532-4000) or the recordkeeper, Principal Life Insurance Company. The Kerr Machine Co DBA Kerr Pumps old 401(k) page lists the contacts from every plan filing. Find an old Kerr Machine Co DBA Kerr Pumps 401(k)
Data from the public Form 5500 annual reports Kerr Machine Co DBA Kerr Pumps filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Kerr Machine Co DBA Kerr Pumps. Not financial advice. Report a correction · Methodology