Plan Ledger DOL Form 5500 · updated monthly

Cargotec Holding, Inc.401(k)

CARGOTEC HOLDING, INC. 401(K) PLAN · OTTAWA, KS · plan year 2023

Reported admin expense ratio · 2023
0.16%

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

Cargotec Holding, Inc. reported $180,167 in plan administrative expenses for 2023: 0.16% of average plan assets, above the peer median. Employer contributions averaged $3,743 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 0.15% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 61st-largest of 828 plans among Kansas employers on file, and the 1,627th of 13,661 in manufacturing. In 2023, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$123,511,771
Participants with balances1,221
Active participants1,144
Employer contributions$4,282,173
Employee contributions$6,613,593
Employer contribution per active participant$3,743
Average account balance$101,156
Benefits paid to participants$10,355,191
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$77.3M · 954 accts · $3.9M emplr
2023$123.5M · 1,221 accts · $4.3M emplr
2022$103.1M · 980 accts · $2.6M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$111,692
Investment management$51,000
Audit (IQPA)$16,275
Total administrative$180,167
The Cargotec Holding, Inc. 401(k) match · 2023
Employer contribution per active participant$3,743
Median for plans this size$3,659
2024$3,949 per active participant
2023$3,743 per active participant
2022$2,469 per active participant

Cargotec Holding, Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRUDENTIAL RETIREMENT INSURANCE AND · Contract administrator · Recordkeeping$111,693
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$51,000
RSM US LLP · Accounting / audit$16,275

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Cargotec Holding, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$192,184 · 0.19%
2023$180,167 · 0.16%
2022$172,435 · 0.15%
Same employer
Similar plansManufacturing · Kansas
Globe Engineering Co Inc KS$136.2M · 0.00%
Schenck Process LLC KS$127.1M · 0.07%
Marel Inc. KS$126.0M · 0.11%
Searles Valley Minerals Inc. KS$117.5M · 0.17%
Scriptpro LLC KS$109.6M · 0.14%
Berry Companies, Inc. KS$106.2M · 0.24%
Wenger Manufacturing, LLC KS$86.7M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581730881 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.