Plan Ledger DOL Form 5500 · updated monthly

Cascade Engineering, Inc.401(k)

CASCADE ENGINEERING, INC. RETIREMENT PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Cascade Engineering, Inc. reported $152,615 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,910 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 0.27% to 0.24%. 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 411th-largest of 2,619 plans among Michigan employers on file, and the 2,560th of 13,661 in manufacturing. In 2024, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$66,369,811
Participants with balances656
Active participants394
Employer contributions$1,146,454
Employee contributions$2,834,014
Employer contribution per active participant$2,910
Average account balance$101,173
Benefits paid to participants$5,366,419
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$66.4M · 656 accts · $1.1M emplr
2023$61.9M · 681 accts · $1.1M emplr
2022$59.3M · 740 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,380
Investment management$56,235
Total administrative$152,615
The Cascade Engineering, Inc. 401(k) match · 2024
Employer contribution per active participant$2,910
Median for plans this size$3,635
2024$2,910 per active participant
2023$2,811 per active participant
2022$2,576 per active participant

Cascade Engineering, Inc.'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$96,380
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)$56,235
BDO · Accounting / audit$16,738

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$152,615 · 0.24%
2023$163,505 · 0.27%
2022$166,812 · 0.27%
Same employer
Similar plansManufacturing · Michigan
Hi-Lex MI$69.5M · 0.24%
Odl, Incorporated MI$66.6M · 0.19%
G & T Industries, Inc MI$65.4M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382035180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.