Plan Ledger DOL Form 5500 · updated monthly

C & K Industrial Services, Inc.401(k)

C & K INDUSTRIAL SERVICES, INC. 401(K) PLAN · INDEPENDENCE, OH · plan year 2023

Reported admin expense ratio · 2023
0.78%

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

C & K Industrial Services, Inc. reported $59,226 in plan administrative expenses for 2023: 0.78% of average plan assets, above the peer median. Employer contributions averaged $1,524 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 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Ohio (2,176th of 3,295), and the 1,127th of 2,534 in administrative & support services. In 2023, employees put in $2.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,185,481
Participants with balances191
Active participants164
Employer contributions$249,863
Employee contributions$659,267
Employer contribution per active participant$1,524
Average account balance$42,856
Benefits paid to participants$1,022,656
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 169 accts · $223K emplr
2023$8.2M · 191 accts · $250K emplr
2022$7.0M · 184 accts · $244K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$43,351
Investment management$15,875
Total administrative$59,226
The C & K Industrial Services, Inc. 401(k) match · 2023
Employer contribution per active participant$1,524
Median for plans this size$1,308
2024$1,494 per active participant
2023$1,524 per active participant
2022$1,461 per active participant

C & K Industrial Services, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,182
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (participants)$15,875

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$51,734 · 0.64%
2023$59,226 · 0.78%
2022$52,805 · 0.65%
Same employer
Similar plansAdministrative & Support Services · Ohio
Reilly Sweeping, Inc. OH$8.5M · 0.60%
Accuserve Solutions, Inc. OH$7.2M · 0.98%
Belflex Staffing Network OH$7.0M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341313359 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.