Plan Ledger DOL Form 5500 · updated monthly

C. Thorrez Industries, Inc.401(k)

C.T.I. PENSION PLAN · JACKSON, MI · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

C. Thorrez Industries, Inc. reported $35,174 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $2,251 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 fell from 0.49% to 0.15%. 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 884th-largest of 2,619 plans among Michigan employers on file, and the 5,129th of 13,661 in manufacturing. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,003,185
Participants with balances251
Active participants145
Employer contributions$326,424
Employee contributions$512,370
Employer contribution per active participant$2,251
Average account balance$99,614
Benefits paid to participants$1,708,060
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.0M · 251 accts · $326K emplr
2023$22.5M · 255 accts · $338K emplr
2022$21.7M · 252 accts · $365K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,523
Investment management$6,651
Total administrative$35,174
The C. Thorrez Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$2,251
Median for plans this size$2,416
2024$2,251 per active participant
2023$1,985 per active participant
2022$2,284 per active participant

C. Thorrez Industries, 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 · 20243
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$28,253
ALTA TRUST COMPANY · Investment advisory (plan)$6,651
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect 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
2024EPIC RPS
2023HUNTINGTON NATIONAL BANK

This plan has changed recordkeepers within these filings. If you left C. Thorrez Industries, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$35,174 · 0.15%
2023$113,428 · 0.51%
2022$123,451 · 0.49%
Similar plansManufacturing · Michigan
A123 Systems LLC MI$25.3M · 0.28%
Commercial Tool & Die, Inc. MI$25.2M · 0.35%
Rhetech, LLC MI$25.1M · 0.02%
A & D Technology, Inc. MI$25.0M · 0.23%
Roskam Baking Company MI$25.0M · 0.46%
Howard Miller Company MI$25.0M · 0.38%
Incoe Corporation MI$24.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381866594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.