King's Fall isn't a raid of which you can be carried, everyone needs to pull their own weight. It's a raid about: team cooperation, team, communication, consistency, and proper execution. I'd say the recommended/required light level is 310+ as well.
I'm only a 311 light w/ all my highest gear equipped, only because I stopped playing for weeks. I'd have assumed the average light level would've increased drastically upon my return. Which it has, there's a few exceptions however...
My recommendation is simple, use DestinyLFG or PlanetDestinyLFG in finding a group. You don't want others helping you simply because you're a obligation or liability.
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I can pull my own weight, I've done up to Warpriest and I was like the only dude who didn't die, and I was the lowest dude