Plan Ledger DOL Form 5500 · updated monthly

Central States Industrial Equipment & Service, Inc.401(k)

CENTRAL STATES INDUSTRIAL EQUIPMENT AND SERVICE, INC. 401(K) PROFIT SHARING PLAN · SPRINGFIELD, MO · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Central States Industrial Equipment & Service, Inc. reported $70,654 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $3,234 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 rose from 0.19% to 0.24%. 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 433rd-largest of 1,393 plans among Missouri employers on file, and the 4,321st of 13,661 in manufacturing. In 2024, employees put in $2.33 for every $1.00 the employer contributed; active participation has grown from 238 to 296 since 2022.

Plan summary
Net assets, end of year$31,566,897
Participants with balances354
Active participants296
Employer contributions$957,228
Employee contributions$2,228,613
Employer contribution per active participant$3,234
Average account balance$89,172
Benefits paid to participants$3,345,678
Plan auditUnmodified (clean) audit opinion
AuditorKPM CPAS & ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$31.6M · 354 accts · $957K emplr
2023$26.7M · 332 accts · $835K emplr
2022$21.1M · 298 accts · $730K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,654
Investment management$32,000
Total administrative$70,654
The Central States Industrial Equipment & Service, Inc. 401(k) match · 2024
Employer contribution per active participant$3,234
Median for plans this size$2,416
2024$3,234 per active participant
2023$2,983 per active participant
2022$3,066 per active participant

Central States Industrial Equipment & Service, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$38,654
RAYMOND JAMES. · Investment advisory (plan)$32,000

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$70,654 · 0.24%
2023$72,162 · 0.30%
2022$41,867 · 0.19%
Same employer
Similar plansManufacturing · Missouri
Manna Pro Products, LLC MO$33.1M · 0.52%
G.H. Tool & Mold, LLC MO$32.6M · 0.44%
Dema Engineering Co. MO$32.3M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431109989 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.