Canton Drop Forge, Inc.401(k)

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

Canton Drop Forge, Inc. reported $3,224 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,582 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 rose from 0.01% to 0.03%. 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 Ohio (1,973rd of 3,295), and 8,695th of 13,661 in manufacturing. In 2024, the employer put in $1.14 for every $1.00 employees contributed themselves; active participation has grown from 145 to 179 since 2022.