401(k) · DOL Form 5500 · 2022

Knit Rite Inc 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
176
Participants Small participant base
62nd
Percentile by assets National rank
$49,180
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Knit Rite Inc Employees 401(k) Profit Sharing Plan · Sponsored by Knit Rite Inc · Kansas · Manufacturing

$9M in assets, 176 participants

Knit Rite Inc's Knit Rite Inc Employees 401(k) Profit Sharing Plan reported $9M in total assets and 176 participants in its 2022 DOL Form 5500 filing, ranking in the 62nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #9,964 in Manufacturing (20,602 peers)

Coverage in Kansas

Knit Rite Inc Employees 401(k) Profit Sharing Plan covers 176 participants in Kansas, about 49% of the average Kansas filer (state average ~360 per filing). Assets: $9M.

#9,964
in Manufacturing (20,602 peers)
-18.2%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Knit Rite Inc Employees 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Knit Rite Inc Employees 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$8,655,695 Top 38% higher than 62% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Knit Rite Inc Employees 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Knit Rite Inc Employees 401(k) Profit Sharing Plan sits mid-pack in the medium band (176 participants).

Form 5500 schedule snapshot

Filing strip 431600470 · Knit Rite Inc PY 2022 · 401(k)

Knit Rite Inc Employees 401(k) Profit Sharing Plan · $9M · 176 · 62nd

  • VS-ST $9M
  • VS-ST 176
  • VS-ST 62nd
  • VS-ST 401(k)
  • VS-ST near Brook Furniture Rental, Inc. 401(k) Savings Plan
  • VS-ST ind #9964

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Kansas →

Knit Rite Inc Employees 401(k) Profit Sharing Plan in the asset neighbourhood

Knit Rite Inc Employees 401(k) Profit Sharing PlanKnit Rite Inc Employees 401(…$9MBrook Furniture Rental, Inc. 401(k) Savings PlanBrook Furniture Rental, Inc.…$9MWoodlands Bank Retirement and Investment PlanWoodlands Bank Retirement an…$9MValo Health Retirement Saving PlanValo Health Retirement Savin…$9MToxstrategies 401(k) Plan$9M
End-of-year total assets ($M) among Knit Rite Inc Employees 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Kansas filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$9M
Net Income-$2M
Employer EIN431600470
Plan Effective Date1972-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Knit Rite Inc)

Sponsor-wide plan assets over time

All Knit Rite Inc plans reported in each filing year

Latest sponsor-wide plan assets
$19M 115.00731021599076% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $8.66M $18.6M ▲ +114.9%
Year Plans Participants Total Assets
2022 1 176 $9M
2023 1 176 $10M
2024 2 378 $19M

Nearby 401(k) Plans in Kansas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Knit Rite Inc Employees 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Kansas, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Knit Rite Inc Employees 401(k) Profit Sharing Plan, Total assets ($B): 0.008655695 · Participants: 176Knit Rite Inc Employees 401(k) Profit Sharing PlanKoch Industries Inc Employees' Savings Plan, Total assets ($B): 3.432760938 · Participants: 11970Koch Industries Inc Employees' Savings PlanBlack & Veatch Retirement Program, Total assets ($B): 2.293186819 · Participants: 6182Black & Veatch Retirement ProgramPerformance Contracting Group, Inc. ESOP/401(k) Plan, Total assets ($B): 1.891438135 · Participants: 1231Performance Contracting Group, Inc. ESOP/401(k) PlanGarmin International, Inc. Retirement Plan, Total assets ($B): 1.415069651 · Participants: 6273Garmin International, Inc. Retirement PlanSpirit Aerosystems Holdings, Inc. Retirement & Savings Plan, Total assets ($B): 1.065726181 · Participants: 7558Spirit Aerosystems Holdings, Inc. Retirement & Savings Plan
Knit Rite Inc Employees 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Kansas, assets vs. participants
Compare Knit Rite Inc Employees 401(k) Profit Sharing Plan side-by-side with 3 peers →

Knit Rite Inc Employees 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Kansas, the nearest 401(k) by assets is Brook Furniture Rental, Inc. 401(k) Savings Plan in IL ($9M); by covered participants it is Spin-Off Termination Plan for Arranta Bio Ma, LLC in MA (176 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (176 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Knit Rite Inc Employees 401(k) Profit Sharing Plan assets move in 2022? ▼
Knit Rite Inc Employees 401(k) Profit Sharing Plan declined sharply - down 18.2% during 2022, from $11M to $9M. Reported net income was -$2M.
How have Knit Rite Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Knit Rite Inc's sponsor-wide assets grew 115.0%, from $9M to $19M.
Which 401(k) plans are similar in size to Knit Rite Inc Employees 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Brook Furniture Rental, Inc. 401(k) Savings Plan in IL ($9M, 173 participants).
Which 401(k) plans cover a similar participant headcount to Knit Rite Inc Employees 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Spin-Off Termination Plan for Arranta Bio Ma, LLC in MA (176 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 431600470.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.