401(k) · DOL Form 5500 · 2024

Knit-Rite, LLC 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
184
Participants Below avg headcount
60th
Percentile by assets National rank
$65,521
Avg per participant Low balance/head
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Official DOL plan name: Knit-Rite, LLC Employees 401(k) Profit Sharing Plan · Sponsored by Knit-Rite, LLC · Kansas · Manufacturing

$12M in assets, 184 participants

Knit-Rite, LLC's Knit-Rite, LLC Employees 401(k) Profit Sharing Plan reported $12M in total assets and 184 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #8,278 in Manufacturing (17,777 peers)

Knit-Rite, LLC multi-year trail

Knit-Rite, LLC's plans moved +115.0% in assets from 2022 to 2024; this filing shows Knit-Rite, LLC Employees 401(k) Profit Sharing Plan at $12M / 184 participants.

#8,278
in Manufacturing (17,777 peers)
+18.6%
assets growth YoY

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

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$12,055,781 Top 40% higher than 60% of 123,620 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 2024

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

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Knit-Rite, LLC Employees 401(k) Profit Sharing Plan sits mid-pack in the medium band (184 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Knit-Rite, LLC Employees 401(k) Profit Sharing Plan reported net income rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Knit-Rite, LLC Employees 401(k) Profit Sharing Plan end-of-year assets rose from $10M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Knit-Rite, LLC Employees 401(k) Profit Sharing Plan reported participants rose from 176 in the plan year 2023 filing to 184 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 431600470 · Knit-Rite, LLC PY 2024 · 401(k)

Knit-Rite, LLC Employees 401(k) Profit Sharing Plan · $12M · 184 · 60th

  • VS-ST $12M
  • VS-ST 184
  • VS-ST 60th
  • VS-ST 401(k)
  • VS-ST near Musson Bros., Inc. 401(k) Retirement Plan
  • VS-ST ind #8278

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, LLC Employees 401(k) Profit Sharing Plan in the asset neighbourhood

Knit-Rite, LLC Employees 401(k) Profit Sharing PlanKnit-Rite, LLC Employees 401…$12MMusson Bros., Inc. 401(k) Retirement PlanMusson Bros., Inc. 401(k) Re…$12MTrove Brands 401(k) Plan$12MEber-Connecticut, LLC$12MDemiurge Studios Inc. 401(k) and Profit Sharing PlanDemiurge Studios Inc. 401(k)…$12M
End-of-year total assets ($M) among Knit-Rite, LLC Employees 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Knit-Rite, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Knit-Rite, LLC 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

Knit-Rite, LLC filing trail (2024)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN431600470
Plan Effective Date1972-03-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Kansas

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

Knit-Rite, LLC Employees 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Kansas, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Knit-Rite, LLC Employees 401(k) Profit Sharing Plan, Total assets ($B): 0.012055781 · Participants: 184Knit-Rite, LLC Employees 401(k) Profit Sharing PlanKoch Employees' Savings Plan, Total assets ($B): 4.337744163 · Participants: 11423Koch Employees' Savings PlanPerformance Contracting Group, Inc. ESOP/401(k) Plan, Total assets ($B): 3.582245863 · Participants: 1315Performance Contracting Group, Inc. ESOP/401(k) PlanBlack & Veatch Retirement Program, Total assets ($B): 3.040446983 · Participants: 7438Black & Veatch Retirement ProgramGarmin International, Inc. Retirement Plan, Total assets ($B): 2.173466604 · Participants: 7082Garmin International, Inc. Retirement PlanSpirit Aerosystems Holdings, Inc. Retirement & Savings Plan, Total assets ($B): 1.224530411 · Participants: 7736Spirit Aerosystems Holdings, Inc. Retirement & Savings Plan
Knit-Rite, LLC Employees 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Kansas, assets vs. participants

Knit-Rite, LLC 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 Musson Bros., Inc. 401(k) Retirement Plan in WI ($12M); by covered participants it is Tusimple 401(k) Plan in CA (184 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (184 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Knit-Rite, LLC Employees 401(k) Profit Sharing Plan assets move in 2024?
Knit-Rite, LLC Employees 401(k) Profit Sharing Plan grew sharply - up 18.6% during 2024, from $10M to $12M. Reported net income was $2M.
How have Knit-Rite, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Knit-Rite, LLC's sponsor-wide assets grew 115.0%, from $9M to $19M.
Which 401(k) plans are similar in size to Knit-Rite, LLC Employees 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Musson Bros., Inc. 401(k) Retirement Plan in WI ($12M, 170 participants).
Which 401(k) plans cover a similar participant headcount to Knit-Rite, LLC Employees 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Tusimple 401(k) Plan in CA (184 participants, N/A in assets).