Plan Ledger DOL Form 5500 · updated monthly

Carlex Glass America, LLC401(k)

CARLEX GLASS AMERICA RETIREMENT PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Carlex Glass America, LLC reported $257,910 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,839 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 0.28% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 158th-largest of 1,496 plans among Tennessee employers on file, and the 1,883rd of 13,661 in manufacturing. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$102,059,824
Participants with balances1,598
Active participants1,304
Employer contributions$3,702,282
Employee contributions$6,609,831
Employer contribution per active participant$2,839
Average account balance$63,867
Benefits paid to participants$14,471,156
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$102.1M · 1,598 accts · $3.7M emplr
2023$94.0M · 1,606 accts · $3.2M emplr
2022$82.7M · 1,564 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$257,910
Total administrative$257,910
The Carlex Glass America, LLC 401(k) match · 2024
Employer contribution per active participant$2,839
Median for plans this size$3,635
2024$2,839 per active participant
2023$2,331 per active participant
2022$2,269 per active participant

Carlex Glass America, LLC's 2024 employer contribution ran below the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$257,909
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (participants) · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$257,910 · 0.26%
2023$227,369 · 0.26%
2022$258,807 · 0.28%
Same employer
Similar plansManufacturing · Tennessee
Bryce Corporation TN$115.3M · 0.12%
Lallemand USA, Inc. TN$102.2M · 0.17%
Deroyal Industries, Inc. TN$101.4M · 0.03%
Resource Label Group LLC TN$98.7M · 0.34%
Granges Americas Inc. TN$97.9M · 0.31%
Workwear Outfitters, LLC TN$90.3M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273800872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.