Plan Ledger DOL Form 5500 · updated monthly

Carbide Industries, LLC401(k)

CARBIDE INDUSTRIES LLC 401K PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Carbide Industries, LLC reported $64,539 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,252 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 0.43% to 0.46%. 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 367th-largest of 871 plans among Kentucky employers on file, and 7,121st of 13,661 in manufacturing. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,908,382
Participants with balances164
Active participants134
Employer contributions$435,787
Employee contributions$819,286
Employer contribution per active participant$3,252
Average account balance$90,905
Benefits paid to participants$1,499,895
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 164 accts · $436K emplr
2023$13.1M · 160 accts · $428K emplr
2022$11.8M · 155 accts · $394K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,118
Investment management$36,421
Total administrative$64,539
The Carbide Industries, LLC 401(k) match · 2024
Employer contribution per active participant$3,252
Median for plans this size$2,416
2024$3,252 per active participant
2023$3,244 per active participant
2022$2,920 per active participant

Carbide Industries, LLC'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 · 20243
401K ADVISORS INC · Recordkeeping · Trustee$36,421
ADP, INC. · Loan processing · Recordkeeping$28,118
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024401K ADVISORS INC, ADP
2023401K ADVISORS INC, ADP

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

Administrative cost history3
2024$64,539 · 0.46%
2023$58,038 · 0.46%
2022$58,320 · 0.43%
Same employer
Similar plansManufacturing · Kentucky
Algood Food Company KY$16.0M · 0.04%
Aichi Forge USA, Inc. KY$14.8M · 0.99%
Lee Masonry Products, Inc. KY$14.6M · 0.01%
New Mather Metals, Inc. KY$14.0M · 0.54%
Trace Die Cast, Inc. KY$14.0M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141851344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.