Plan Ledger DOL Form 5500 · updated monthly

Cambrex Corporation401(k)

CAMBREX CORPORATION SAVINGS PLAN · EAST RUTHERFORD, NJ · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Cambrex Corporation reported $70,373 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,468 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 0.044%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 265th-largest of 2,419 plans among New Jersey employers on file, and the 1,370th of 13,661 in manufacturing. In 2023, employees put in $2.48 for every $1.00 the employer contributed; active participation has shrunk from 1,208 to 1,001 since 2022.

Plan summary
Net assets, end of year$157,916,255
Participants with balances1,378
Active participants1,001
Employer contributions$4,472,576
Employee contributions$11,103,814
Employer contribution per active participant$4,468
Average account balance$114,598
Benefits paid to participants$18,117,717
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$155.1M · 1,269 accts · $3.7M emplr
2023$157.9M · 1,378 accts · $4.5M emplr
2022$132.8M · 1,472 accts · $4.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,634
Investment management$65,739
Total administrative$70,373
The Cambrex Corporation 401(k) match · 2023
Employer contribution per active participant$4,468
Median for plans this size$3,659
2024$3,643 per active participant
2023$4,468 per active participant
2022$3,478 per active participant

Cambrex Corporation's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$65,739
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,634

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$68,377 · 0.04%
2023$70,373 · 0.05%
2022$60,342 · 0.04%
Same employer
Similar plansManufacturing · New Jersey
Kdc US Holdings, Inc. NJ$165.8M · 0.31%
Mindray Ds USA, Inc. NJ$163.9M · 0.18%
Embecta Corp NJ$163.0M · 0.14%
Mersen USA Holding Corp. NJ$159.7M · 0.27%
Arxada, LLC NJ$157.2M · 0.02%
Thorlabs, Inc. NJ$149.9M · 0.14%
Kyowa Kirin, Inc. NJ$142.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222476135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.