Plan Ledger DOL Form 5500 · updated monthly

Calumet Electronics Corporation401(k)

CALUMET ELECTRONICS CORPORATION 401(K) PLAN · CALUMET, MI · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Calumet Electronics Corporation reported $20,245 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $325 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 0.28% to 0.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,658th of 2,619), and 9,465th of 13,661 in manufacturing. In 2024, employees put in $8.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,459,192
Participants with balances282
Active participants264
Employer contributions$85,871
Employee contributions$711,222
Employer contribution per active participant$325
Average account balance$29,997
Benefits paid to participants$534,830
Plan auditUnmodified (clean) audit opinion
AuditorRUKKILA, NEGRO, & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 282 accts · $86K emplr
2023$7.2M · 285 accts · $87K emplr
2022$5.5M · 270 accts · $77K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,010
Investment management$7,813
Total administrative$20,245
The Calumet Electronics Corporation 401(k) match · 2024
Employer contribution per active participant$325
Median for plans this size$1,313
2024$325 per active participant
2023$294 per active participant
2022$281 per active participant

Calumet Electronics Corporation's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20241
VOYA RETIREMENT INS & ANNUITY CO · Investment advisory (plan)$5,519

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$20,245 · 0.26%
2023$8,013 · 0.13%
2022$16,244 · 0.28%
Same employer
Similar plansManufacturing · Michigan
Hbpo North America, Inc. MI$8.6M · 0.73%
Safari Circuits, LLC MI$8.5M · 0.32%
Associated Spring US, LLC MI$8.5M · 0.23%
Ebw Electronics, Inc. MI$8.4M · 0.80%
Dowding Industries, Inc. MI$8.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381856559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.