Plan Ledger DOL Form 5500 · updated monthly

Carma Laboratories, Inc.401(k)

CARMA LABORATORIES, INC. 401(K) PROFIT SHARING PLAN · FRANKLIN, WI · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Carma Laboratories, Inc. reported $69,760 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $2,475 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 0.54% 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 among the smaller plans on file in Wisconsin (994th of 1,936), and the 6,695th of 13,661 in manufacturing. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 184 to 248 since 2022.

Plan summary
Net assets, end of year$16,428,002
Participants with balances155
Active participants248
Employer contributions$613,746
Employee contributions$1,108,492
Employer contribution per active participant$2,475
Average account balance$105,987
Benefits paid to participants$1,088,481
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.4M · 155 accts · $614K emplr
2023$14.0M · 145 accts · $554K emplr
2022$11.3M · 137 accts · $483K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,461
Investment management$39,299
Total administrative$69,760
The Carma Laboratories, Inc. 401(k) match · 2024
Employer contribution per active participant$2,475
Median for plans this size$2,416
2024$2,475 per active participant
2023$2,432 per active participant
2022$2,626 per active participant

Carma Laboratories, Inc.'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 · 20242
SPECTRUM INVESTMENT ADVISORS INC · Investment advisory (plan)$39,299

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$69,760 · 0.46%
2023$60,175 · 0.47%
2022$65,002 · 0.54%
Same employer
Similar plansManufacturing · Wisconsin
Walzcraft Industries, Inc WI$16.7M · 0.50%
E.K. Machine Company, Inc. WI$16.7M · 0.41%
Weldall Mfg., Inc. WI$16.3M · 0.23%
Latitude Corp. WI$16.2M · 0.39%
Power Test, Inc. WI$16.2M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391256786 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.