Inland Kenworth (US) Inc. and Inland Lease & Rental Inc. 401(k) Review & Grade
Inland Kenworth, Inc. Employees' 401(k) Plan
Montebello, CARetail Trade542 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,038Employer $ per active participant
$6,079Employee $ saved per active participant
0.29%Direct admin cost, % of plan assets
$47.7MNet plan assets, end of year
$67,614Average balance per account
Score breakdown
- Employer generosity43.0 / 5086th percentile for employer $ per participant
- Low cost10.4 / 2542th percentile for low admin cost vs. same-size plans
- Employee saving13.8 / 1592th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score77 / 100 · Grade A
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 86th |
| Lower admin cost | 42th |
| Employee saving | 92th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Inland Kenworth (US) Inc. and Inland Lease & Rental put in about $2,038 per active participant, more than the typical peer ($743). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,104,433 |
| Participant (employee) contributions | $3,294,618 |
| Other contributions (incl. rollovers in) | $390,844 |
| Administrative expenses paid from the plan | $130,760 |
| Investment advisory & management fees | $70,764 |
| Benefits paid out | $4,823,367 |
| Net assets, start / end of year | $42.4M / $47.7M |
| Active participants, start / end of year | 549 / 535 |
| Participants with account balances | 705 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Miller Kaplan Arase LLP |
Largest service providers (Schedule C)
| Empower Advisory Group, LLC | $70,764 reported compensation |
| Empower Annuity Insurance Company O | $59,996 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003132736NAL0001434177001, received 2025-10-03, EIN 85-0471900, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.