Plan Ledger DOL Form 5500 · updated monthly

Castellini Company LLC401(k)

CASTELLINI EMPLOYEE SAVINGS AND PROFIT SHARING PLAN · NEWPORT, KY · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Castellini Company LLC reported $263,532 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,471 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 3 years on file its reported administrative ratio has held roughly steady near 0.51%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 134th-largest of 871 plans among Kentucky employers on file, and the 771st of 4,246 in wholesale trade. In 2024, employees put in $2.56 for every $1.00 the employer contributed; active participation has grown from 952 to 1,105 since 2022.

Plan summary
Net assets, end of year$53,164,942
Participants with balances1,580
Active participants1,105
Employer contributions$1,625,233
Employee contributions$4,157,380
Employer contribution per active participant$1,471
Average account balance$33,649
Benefits paid to participants$9,251,101
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$53.2M · 1,580 accts · $1.6M emplr
2023$50.9M · 1,561 accts · $1.5M emplr
2022$48.9M · 2,224 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$149,586
Investment management$113,946
Total administrative$263,532
The Castellini Company LLC 401(k) match · 2024
Employer contribution per active participant$1,471
Median for plans this size$3,635
2024$1,471 per active participant
2023$1,416 per active participant
2022$1,591 per active participant

Castellini Company LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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
EMPOWER ADVISERY GROUP, LLC · Investment management$113,946

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$263,532 · 0.51%
2023$268,198 · 0.54%
2022$273,386 · 0.49%
Same employer
Similar plansWholesale Trade · Kentucky
Boyd Company KY$204.4M · 0.18%
Bramco Inc. KY$97.5M · 0.16%
Isco Industries, Inc. KY$90.6M · 0.16%
Hutson Inc. KY$50.0M · 0.41%
Alliance Entertainment KY$46.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760720073 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.