Plan Ledger DOL Form 5500 · updated monthly

Canberra Corporation401(k)

CANBERRA CORPORATION PROFIT SHARING PLAN AND TRUST · TOLEDO, OH · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Canberra Corporation reported $56,238 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $2,738 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 0.55% to 0.44%. 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 Ohio (1,701st of 3,295), and 7,566th of 13,661 in manufacturing. In 2024, the employer put in $1.75 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$13,463,423
Participants with balances152
Active participants126
Employer contributions$344,964
Employee contributions$197,322
Employer contribution per active participant$2,738
Average account balance$88,575
Benefits paid to participants$279,127
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 152 accts · $345K emplr
2023$12.1M · 158 accts · $300K emplr
2022$10.7M · 131 accts · $271K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$315
Investment management$55,921
Total administrative$56,238
The Canberra Corporation 401(k) match · 2024
Employer contribution per active participant$2,738
Median for plans this size$2,416
2024$2,738 per active participant
2023$2,344 per active participant
2022$2,168 per active participant

Canberra Corporation'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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$41,375
FIFTH THIRD BANK$14,546
CHARLES SCHWAB · Securities brokerage$2

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$56,238 · 0.44%
2023$50,434 · 0.44%
2022$65,723 · 0.55%
Similar plansManufacturing · Ohio
Bullen Ultrasonics, Inc. OH$13.5M · 0.36%
Ferragon Corporation OH$13.5M · 0.32%
Roki America Co., LTD OH$13.4M · 0.32%
Projects Unlimited Inc. OH$13.4M · 0.01%
Mp Biomedicals, Inc. OH$13.3M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341135262 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.