Knife River Corporation 401(K) Retirement Plan — Form 5500 plan (Knife River Corporation)

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, Knife River Corporation 401(K) Retirement Plan is a benefit plan reported by Knife River Corporation under EIN 92-1008893 and plan number 001. The latest loaded filing year is 2023. The filing reports 7,079 participants and $741,236,100 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Knife River Corporation
EIN
92-1008893
Plan number
001
Plan type
2
Location
Bismarck, ND
Latest filing year
2023
Participants
7,079
End-of-year plan assets
$741,236,100

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20237,079H, C20240628091248NAL0000222403001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$741,236,100
Total liabilities (EOY)
$9,752
Net assets (EOY)
$741,226,348
Net assets (BOY)
$0

Income & contributions

Employer contributions
$28,617,947
Participant contributions
$25,334,149
Total contributions
$55,589,726
Total income / additions
$142,379,923

Expenses & distributions

Benefits paid
$39,085,106
Administrative expenses
$391,695
Total expenses
$39,566,784
Net increase / (decrease)
$102,813,139

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$320,624$02023
Wilshire Advisors LLCINVESTMENT ADVISORY$43,858not reported in the loaded dataset2023
Edelman Financial Engines, LLCINV ADV, PARTICIPANTS$26,933not reported in the loaded dataset2023

Related Form 5500 pages