Krones, Inc. 401(K) Savings Plan — Form 5500 plan (Krones, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Krones, Inc. 401(K) Savings Plan is a benefit plan reported by Krones, Inc. under EIN 39-1082240 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,203 participants and $201,850,450 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$201.9MPlan net assets, end of year$201,850,450
Participants1.2KCovered participants reported1,203
Assets / participant$167.8KComputed: assets ÷ participants$167,789 (computed)
Provider compensation$51.5K3 Schedule C provider row(s)$51,526
Plan sponsor
Krones, Inc.
EIN
39-1082240
Plan number
001
Plan type
2
Location
Franklin, WI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,203H, C20240925105243NAL0008258451001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$201.9M total assets
Net assets$201.9MLiabilities$0
Money in vs. money out
Total income / additions$49.6M
Total expenses$21.9M
Benefits paid / distributions$21.9M
Contributions
Employer$4.2M
Participant$9.3M
Full reported line items

Net assets

Total assets (EOY)
$201,850,450
Total liabilities (EOY)
$0
Net assets (EOY)
$201,850,450
Net assets (BOY)
$174,223,071

Income & contributions

Employer contributions
$4,157,437
Participant contributions
$9,261,038
Total contributions
$14,356,631
Total income / additions
$49,559,736

Expenses & distributions

Benefits paid
$21,865,103
Administrative expenses
$51,476
Total expenses
$21,932,357
Net increase / (decrease)
$27,627,379
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 31%Participant 69%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income44%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$67,878not reported in the loaded dataset2023
Fiducient Advisors LLCCONSULTANT$37,500not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$53,852$02023

Related Form 5500 pages