Plan Ledger DOL Form 5500 · updated monthly

Caran Precision Eng. & Mfg. Corp.401(k)

CARAN PRECISION ENG. & MFG. CORP. RETIREMENT SAVINGS PLAN · BREA, CA · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Caran Precision Eng. & Mfg. Corp. reported $98,491 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,484 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 0.65%. 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 4,201st-largest of 9,483 plans among California employers on file, and the 6,770th of 13,661 in manufacturing. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 218 to 251 since 2022.

Plan summary
Net assets, end of year$16,154,381
Participants with balances179
Active participants251
Employer contributions$372,441
Employee contributions$768,613
Employer contribution per active participant$1,484
Average account balance$90,248
Benefits paid to participants$843,062
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 179 accts · $372K emplr
2023$14.3M · 166 accts · $354K emplr
2022$12.0M · 178 accts · $368K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,912
Investment management$30,579
Total administrative$98,491
The Caran Precision Eng. & Mfg. Corp. 401(k) match · 2024
Employer contribution per active participant$1,484
Median for plans this size$2,416
2024$1,484 per active participant
2023$1,670 per active participant
2022$1,688 per active participant

Caran Precision Eng. & Mfg. Corp.'s 2024 employer contribution ran below 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$4,721
WELLS FARGO ADVISORS LLC · Investment advisory (participants)$27,602
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$2,977

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$98,491 · 0.65%
2023$86,438 · 0.66%
2022$83,430 · 0.66%
Same employer
Similar plansManufacturing · California
Pindler & Pindler, Inc. CA$16.2M · 0.84%
Mdc Vacuum Products, LLC CA$16.2M · 0.44%
Noritz America Corporation CA$16.1M · 0.01%
Credo Semiconductor, Inc. CA$16.1M · 0.14%
Tri-Union Seafoods, LLC CA$16.1M · 0.07%
Ingomar Packing Company CA$16.0M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952381553 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.