Plan Ledger DOL Form 5500 · updated monthly

C&C Boiler Sales & Service, Inc.401(k)

C&C BOILER SALES & SERVICE, INC. 401(K) PROFIT SHARING PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

C&C Boiler Sales & Service, Inc. reported $55,020 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,346 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 0.547%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,057th of 2,005), and 8,405th of 13,661 in manufacturing. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,896,804
Participants with balances175
Active participants145
Employer contributions$485,230
Employee contributions$875,801
Employer contribution per active participant$3,346
Average account balance$62,267
Benefits paid to participants$712,918
Plan auditUnmodified (clean) audit opinion
AuditorDAVIDSON, HOLLAND, WHITESELL
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 175 accts · $485K emplr
2023$9.2M · 166 accts · $373K emplr
2022$9.6M · 169 accts · $342K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,155
Investment management$34,865
Total administrative$55,020
The C&C Boiler Sales & Service, Inc. 401(k) match · 2024
Employer contribution per active participant$3,346
Median for plans this size$2,416
2024$3,346 per active participant
2023$2,725 per active participant
2022$2,518 per active participant

C&C Boiler Sales & Service, Inc.'s 2024 employer contribution ran above the $2,416 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
FIRST CITIZENS BANK AND TRUST CO · Investment advisory (plan)$25,787
EMPOWER ADVISORY GROUP, LLC · Investment management$9,078

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

Administrative cost history3
2024$55,020 · 0.55%
2023$53,502 · 0.57%
2022$56,776 · 0.55%
Similar plansManufacturing · North Carolina
Salem One, Inc. NC$10.9M · 0.39%
Wesley Hall Furniture, Inc. NC$10.8M · 0.43%
Kingsdown Incorporated NC$10.7M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561173038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.