Plan Ledger DOL Form 5500 · updated monthly

C & L Tiling, Inc. D/B/A Timewell Drainage Products & Services401(k)

C & L TILING, INC. 401(K) PLAN · TIMEWELL, IL · plan year 2022

Reported admin expense ratio · 2022
0.67%

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

C & L Tiling, Inc. D/B/A Timewell Drainage Products & Services reported $35,750 in plan administrative expenses for 2022: 0.67% of average plan assets, above the peer median. Employer contributions averaged $734 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (3,002nd of 3,702), and 11,416th of 13,661 in manufacturing. In 2022, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,606,219
Participants with balances76
Active participants226
Employer contributions$165,809
Employee contributions$282,337
Employer contribution per active participant$734
Average account balance$60,608
Benefits paid to participants$895,124
Plan auditUnmodified (clean) audit opinion
AuditorKERBER ECK & BRAECKEL LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$35,750
Total administrative$35,750
The C & L Tiling, Inc. D/B/A Timewell Drainage Products & Services 401(k) match · 2022
Employer contribution per active participant$734
Median for plans this size$1,114

C & L Tiling, Inc. D/B/A Timewell Drainage Products & Services's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$35,750 · 0.67%
Same employer
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Eagle Flexible Packaging IL$4.8M · 0.58%
National Cycle, Inc. IL$4.7M · 0.44%
Surftec Enterprises, Inc. IL$4.6M · 0.45%
Arc-Tronics, Inc. IL$4.6M · 0.94%
Mac Medical, Inc. IL$4.6M · 0.73%
Spider Company, Inc. IL$4.5M · 0.71%
Platinum Converting, Inc. IL$4.5M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371113951 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.