Plan Ledger DOL Form 5500 · updated monthly

Cayman Chemical Company, Inc.401(k)

CAYMAN CHEMICAL RETIREMENT SAVINGS PLAN · ANN ARBOR, MI · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Cayman Chemical Company, Inc. reported $55,220 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $733 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 0.24% to 0.12%. 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 the 523rd-largest of 2,619 plans among Michigan employers on file, and the 3,185th of 13,661 in manufacturing. In 2024, employees put in $11.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$49,358,839
Participants with balances448
Active participants333
Employer contributions$243,952
Employee contributions$2,787,615
Employer contribution per active participant$733
Average account balance$110,176
Benefits paid to participants$2,784,584
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.4M · 448 accts · $244K emplr
2023$42.7M · 437 accts · $382K emplr
2022$36.0M · 443 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,220
Investment management$50,000
Total administrative$55,220
The Cayman Chemical Company, Inc. 401(k) match · 2024
Employer contribution per active participant$733
Median for plans this size$2,416
2024$733 per active participant
2023$1,164 per active participant
2022$3,087 per active participant

Cayman Chemical Company, Inc.'s 2024 employer contribution ran below the $2,416 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$24,080
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)$50,000

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Cayman Chemical Company, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$55,220 · 0.12%
2023$54,421 · 0.14%
2022$94,144 · 0.24%
Same employer
Similar plansManufacturing · Michigan
Creative Foam Corporation MI$50.9M · 0.06%
Nyx, Inc. MI$50.8M · 0.32%
Mag Automotive, LLC MI$50.0M · 0.17%
Chelsea Milling Company MI$49.8M · 0.14%
Duravent, Inc. MI$48.7M · 0.38%
Motus, LLC MI$48.7M · 0.24%
Huron Casting, Inc. MI$47.9M · 0.00%
Vericel Corporation MI$47.9M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840845784 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.