Plan Ledger DOL Form 5500 · updated monthly

Central Lake Armor Express, Inc.401(k)

ARMOR EXPRESS 401(K) PLAN · EDEN, NC · plan year 2025

Reported admin expense ratio · 2025
1.77%

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

Central Lake Armor Express, Inc. reported $11,345 in plan administrative expenses for 2025: 1.77% of average plan assets, above the peer median. Employer contributions averaged $1,475 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 1 year on file its reported administrative ratio rose from 0.29% to 1.77%. The plan sits in the under $1M size bracket, benchmarked here against 55 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,883rd of 2,005), and 13,272nd of 13,661 in manufacturing. In 2025, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,007,351
Participants with balances121
Active participants141
Employer contributions$207,909
Employee contributions$443,967
Employer contribution per active participant$1,475
Average account balance$8,325
Benefits paid to participants$22,163
Plan auditUnmodified (clean) audit opinion
AuditorRUSSON & JOHNSTON CPAS
Plan history2
Yearassets · accounts · employer contribution
2025$1.0M · 121 accts · $208K emplr
2024$276K · 105 accts · $39K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$8,598
Investment management$2,747
Total administrative$11,345
The Central Lake Armor Express, Inc. 401(k) match · 2025
Employer contribution per active participant$1,475
Median for plans this size$472
2025$1,475 per active participant
2024$295 per active participant

Central Lake Armor Express, Inc.'s 2025 employer contribution ran above the $472 median for plans its size, placing it in the top 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$8,598
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect comp

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

Administrative cost history2
2025$11,345 · 1.77%
2024$805 · 0.29%
All plans at this employer2
ARMOR EXPRESS 401(K) PLAN401(k)
ARMOR EXPRESS 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · North Carolina
Buckeye Fire Equipment NC$1.2M · 0.03%
Reich, LLC NC$1.2M · 1.02%
Gray Flex Systems, Inc. NC$1.1M · 0.07%
King Hickory Furniture Co NC$965K · 1.08%
Shelby Elastics, LLC NC$648K · 0.01%
Renwood Mills, LLC NC$614K · 2.16%
Pli Holdings, Inc. NC$573K · 2.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202901741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.