Plan Ledger DOL Form 5500 · updated monthly

Cates Control Systems, Inc.401(k)

CATES CONTROL SYSTEMS, INC. 401(K) PLAN · PLANO, TX · plan year 2022

Reported admin expense ratio · 2022
0.52%

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

Cates Control Systems, Inc. reported $31,342 in plan administrative expenses for 2022: 0.52% of average plan assets, above the peer median. Employer contributions averaged $12 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (3,960th of 5,688), and 11,017th of 13,661 in manufacturing. In 2022, employees put in $207.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,361,700
Participants with balances62
Active participants116
Employer contributions$1,362
Employee contributions$282,753
Employer contribution per active participant$12
Average account balance$86,479
Benefits paid to participants$550,811
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Professional / advisory$31,342
Total administrative$31,342
The Cates Control Systems, Inc. 401(k) match · 2022
Employer contribution per active participant$12
Median for plans this size$1,114

Cates Control Systems, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$31,342 · 0.52%
Similar plansManufacturing · Texas
Frazer, LTD TX$5.5M · 0.42%
Smith Meter Inc. TX$5.5M · 0.31%
Allied Stone, Inc. TX$5.3M · 0.86%
Krypton Solutions, LLC TX$5.3M · 0.47%
Zxp Technologies, LLC TX$5.3M · 0.53%
Vme Process, Inc. TX$5.3M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742101932 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.