Plan Ledger DOL Form 5500 · updated monthly

Caf USA, Inc.401(k)

CAF USA, INC. 401(K) PROFIT SHARING PLAN · ELMIRA HEIGHTS, NY · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Caf USA, Inc. reported $34,013 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,762 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 0.31%. 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 New York (3,444th of 5,648), and 8,278th of 13,661 in manufacturing. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,226,740
Participants with balances172
Active participants113
Employer contributions$312,112
Employee contributions$618,896
Employer contribution per active participant$2,762
Average account balance$65,272
Benefits paid to participants$1,593,942
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL METZGER BARR & CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 172 accts · $312K emplr
2023$10.7M · 177 accts · $291K emplr
2022$9.6M · 186 accts · $296K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,779
Investment management$28,234
Total administrative$34,013
The Caf USA, Inc. 401(k) match · 2024
Employer contribution per active participant$2,762
Median for plans this size$2,416
2024$2,762 per active participant
2023$2,384 per active participant
2022$2,528 per active participant

Caf USA, 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
VALICENTI ADVISORY SERVICES, INC. · Recordkeeping · Trustee$28,234
ADP, INC. · Loan processing · Recordkeeping$5,779
ADP BROKER-DEALERindirect 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
2024ADP, VALICENTI ADVISORY SERVICES, INC.
2023ADP, VALICENTI ADVISORY SERVICES, INC.

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Administrative cost history3
2024$34,013 · 0.31%
2023$28,860 · 0.29%
2022$33,446 · 0.30%
Same employer
Similar plansManufacturing · New York
Kinplex Corporation NY$11.3M · 0.35%
Ascent Pharmaceuticals Inc. NY$11.1M · 0.08%
Syntec Technologies, Inc. NY$11.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522125544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.