Plan Snapshot
- Plan Sponsor: Kontoor Brands, INC.
- Sponsor EIN: 832680248
- Sponsor Address: 400 N. ELM STREET, GREENSBORO, NC, 27401
- Plan Type: 401(k)
- Total Participants: 2,705
- Total Assets: $290.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,705 | $290.7M | $9.7M | $13.9M |
| 2023 | 2,718 | $257.3M | $9.6M | $13.7M |
| 2022 | 2,773 | $220.0M | $9.2M | $13.3M |
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 |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
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 | $261,046 | $89,401 | — | — | — |
| 2023 | $257,976 | $84,036 | — | — | — |
| 2022 | $304,667 | $124,196 | — | — | — |