# Krones, INC. 401(k) Plan
Source: https://planprovider.pro/companies/krones-inc-401k-plan

> Krones, INC.'s 401(k) plan: 1,356 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Krones, INC.

- **Sponsor EIN:** 391082240

- **Sponsor Address:** P.O. BOX 321801, FRANKLIN, WI, 53132

- **Plan Type:** 401(k)

- **Total Participants:** 1,356

- **Total Assets:** $242.7M

## 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|1,356|$242.7M|$4.7M|$10.9M|

| 2023|1,014|$201.9M|$4.2M|$9.3M|

| 2022|963|$174.2M|$3.4M|$8.0M|

## 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|

| STRATEGIC ADVISORS, INC.|ADVISOR|$80,994|—|$80,994|

| FIDUCIENT ADVISORS|CONSULTANT|$64,000|—|$64,000|

| VRAKAS|CONSULTANT|$10,000|—|$10,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [VRAKAS](https://planprovider.pro/provider/vrakas-cpas-advisors) — CONSULTANT

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $154,994

- **Estimated Expense Ratio:** 0.064% of plan assets

### 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|$90,784|$80,994|$1,500|—|—|

| 2023|$51,476|$67,878|$900|—|—|

| 2022|$60,096|$57,397|—|—|—|

## Similar Plans

- [Fairbanks Morse, LLC](https://planprovider.pro/companies/fairbanks-morse-llc-401k-plan) — 1,215 participants

- [Venturedyne Ltd](https://planprovider.pro/companies/venturedyne-ltd-plan-010) — 402 participants

- [Regal Rexnord Corporation](https://planprovider.pro/companies/regal-rexnord-corporation-401k-plan-009) — 3,178 participants

- [Regal Rexnord Corporation](https://planprovider.pro/companies/regal-rexnord-corporation-401k-plan) — 4,996 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/krones-inc-401k-plan)

© 2026 PlanProvider.Pro