Kontoor Brands, Inc. 401(k) Review & Grade
Kontoor Brands 401(k) Savings Plan
Greensboro, NCManufacturing2,712 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,581Employer $ per active participant
$5,144Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$290.7MNet plan assets, end of year
$98,836Average balance per account
Score breakdown
- Employer generosity26.4 / 5053th percentile for employer $ per participant
- Low cost14.7 / 2559th percentile for low admin cost vs. same-size plans
- Employee saving5.8 / 1539th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score57 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 53th |
| Lower admin cost | 59th |
| Employee saving | 39th |
| Peers that auto-enroll | 70% |
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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
- Kontoor Brands put in about $3,581 per active participant, more than the typical peer ($3,452). 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 | $9,710,420 |
| Participant (employee) contributions | $13,948,991 |
| Other contributions (incl. rollovers in) | $4,241,364 |
| Administrative expenses paid from the plan | $261,046 |
| Investment advisory & management fees | $89,401 |
| Benefits paid out | $31,072,819 |
| Net assets, start / end of year | $257.3M / $290.7M |
| Active participants, start / end of year | 2,718 / 2,705 |
| Participants with account balances | 2,941 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Bdo USA, P.C. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $171,645 reported compensation |
| Strategic Advisors, Inc. | $89,401 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250821132237NAL0004195297001, received 2025-08-21, EIN 83-2680248, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.