Plan Ledger DOL Form 5500 · updated monthly

C.R. Daniels, Inc.401(k)

C.R. DANIELS, INC. 401(K) AND PROFIT SHARING PLAN · ELLICOTT CITY, MD · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

C.R. Daniels, Inc. reported $950 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,572 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 2 years on file its reported administrative ratio rose from 0.003% to 0.005%. 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 the 647th-largest of 1,671 plans among Maryland employers on file, and the 5,944th of 13,661 in manufacturing. In 2024, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,947,465
Participants with balances163
Active participants135
Employer contributions$212,257
Employee contributions$364,079
Employer contribution per active participant$1,572
Average account balance$122,377
Benefits paid to participants$1,437,364
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.9M · 163 accts · $212K emplr
2023$18.4M · 164 accts · $118K emplr
2022$16.2M · 173 accts · $171K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$950
Total administrative$950
The C.R. Daniels, Inc. 401(k) match · 2024
Employer contribution per active participant$1,572
Median for plans this size$2,416
2024$1,572 per active participant
2023$960 per active participant
2022$1,293 per active participant

C.R. Daniels, Inc.'s 2024 employer contribution ran below 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$950
UBS FINANCIAL SERVICES INCindirect comp

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$950 · 0.00%
2023$450 · 0.00%
2022$625 · 0.00%
Same employer
Similar plansManufacturing · Maryland
Fil-Tec, Inc. MD$21.2M · 0.11%
Jb Doors Company MD$20.8M · 0.14%
Hbp, Inc MD$17.4M · 0.26%
Hamilton Associates, Inc. MD$17.4M · 0.03%
Fuchs North America, Inc. MD$16.9M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520545440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.