Plan Snapshot
- Plan Sponsor: Kone INC.
- Sponsor EIN: 362357423
- Sponsor Address: 3333 WARRENVILLE RD, LISLE, IL, 60532
- Plan Type: 401(k)
- Total Participants: 1,962
- Total Assets: $467.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,962 | $467.4M | $9.8M | $21.9M |
| 2023 | 1,842 | $420.2M | $9.3M | $20.5M |
| 2022 | 1,846 | $371.6M | $8.8M | $19.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PLANTE AND MORAN PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $347,530 | $209,211 | $3,600 | — | — |
| 2023 | $251,600 | $191,029 | $900 | — | — |
| 2022 | $258,072 | $173,256 | — | — | — |