If you mean it is a K301, that will make it an older cast iron engine. Very few parts are still available and the ones that are available are priced at incredibly high prices.
A respectable compression to support combustion would be about 80-90 PSIG with cranking multiple revolutions to build up the compression gauge pressure.
I do not recall any of the early cast iron Kohler engines having any compression release, these were early flat head engine designs.
A couple of pictures of the engine would go a long way toward helping you better.