Plan Ledger DOL Form 5500 · updated monthly

Canon Nanotechnologies, Inc.401(k)

CANON NANOTECHNOLOGIES 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Canon Nanotechnologies, Inc. reported $150 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,742 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 0.001% to 0.001%. 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 1,549th-largest of 5,688 plans among Texas employers on file, and the 4,511th of 13,661 in manufacturing. In 2024, employees put in $3.26 for every $1.00 the employer contributed; active participation has grown from 88 to 106 since 2022.

Plan summary
Net assets, end of year$29,821,788
Participants with balances136
Active participants106
Employer contributions$502,621
Employee contributions$1,640,846
Employer contribution per active participant$4,742
Average account balance$219,278
Benefits paid to participants$921,866
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.8M · 136 accts · $503K emplr
2023$24.9M · 128 accts · $446K emplr
2022$20.5M · 120 accts · $384K emplr
The Canon Nanotechnologies, Inc. 401(k) match · 2024
Employer contribution per active participant$4,742
Median for plans this size$2,416
2024$4,742 per active participant
2023$4,456 per active participant
2022$4,364 per active participant

Canon Nanotechnologies, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$350

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$150 · 0.00%
2023$150 · 0.00%
2022$175 · 0.00%
Same employer
Similar plansManufacturing · Texas
Cloeren Incorporated TX$30.6M · 0.37%
Cti Foods Holding Co., LLC TX$30.5M · 0.28%
Blackbeard Operating, LLC TX$29.4M · 0.39%
Nefab Packaging, Inc. TX$29.0M · 0.66%
Standard Meat Company, LLC TX$28.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742994370 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.