Plan Ledger DOL Form 5500 · updated monthly

C & B Marine, LLC401(k)

C & B MARINE, LLC 401(K) PLAN · COVINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.88%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

C & B Marine, LLC reported $69,137 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,723 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.88%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kentucky (518th of 871), and 9,433rd of 13,661 in manufacturing. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has grown from 175 to 205 since 2022.

Plan summary
Net assets, end of year$8,529,513
Participants with balances112
Active participants205
Employer contributions$353,224
Employee contributions$601,771
Employer contribution per active participant$1,723
Average account balance$76,156
Benefits paid to participants$466,619
Plan auditUnmodified (clean) audit opinion
AuditorBARNES, DENNIG & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 112 accts · $353K emplr
2023$7.1M · 102 accts · $287K emplr
2022$5.7M · 103 accts · $327K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,930
Investment management$53,743
Total administrative$69,137
The C & B Marine, LLC 401(k) match · 2024
Employer contribution per active participant$1,723
Median for plans this size$1,313
2024$1,723 per active participant
2023$1,534 per active participant
2022$1,867 per active participant

C & B Marine, LLC's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PENSION CORPORATION OF AMERICA · Recordkeeping · Loan processing$15,394
MCF ADVISORS LLC · Investment advisory (participants) · Investment advisory (plan)$53,743
CHARLES SCHWAB TRUST BANK · Investment managementindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024PENSION CORPORATION OF AMERICA
2023PENSION CORPORATION OF AMERICA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$69,137 · 0.88%
2023$61,738 · 0.96%
2022$55,517 · 0.92%
Same employer
Similar plansManufacturing · Kentucky
Decoart, LLC KY$9.4M · 0.02%
Grindmaster Corporation KY$9.2M · 0.19%
Tente Casters, Inc. KY$8.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 275200762 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.