Plan Ledger DOL Form 5500 · updated monthly

Century Fasteners Corporation401(k)

CENTURY FASTENERS CORP. EMPLOYEES' RETIREMENT SAVINGS PLAN · ELMHURST, NY · plan year 2023

Reported admin expense ratio · 2023
0.29%

Century Fasteners Corporation reported $42,706 in plan administrative expenses for 2023: 0.29% of average plan assets, above the peer median. 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 fell from 0.51% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (2,844th of 5,648), and the 6,781st of 13,661 in manufacturing.

Plan summary
Net assets, end of year$16,122,421
Participants with balances179
Active participants162
Employer contributions—
Employee contributions$617,524
Employer contribution per active participant—
Average account balance$90,069
Benefits paid to participants$2,063,844
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$16.1M · 179 accts
2022$13.8M · 177 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,785
Investment management$15,921
Total administrative$42,706
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$26,785
WELLS FARGO ADVISORS · Investment advisory (plan)$15,921

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

Administrative cost history2
2023$42,706 · 0.29%
2022$68,565 · 0.51%
Same employer
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Vaso Corporation NY$16.2M · 0.05%
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Epic Pharma LLC Union NY$16.1M · 0.01%
Zumtobel Lighting, Inc. NY$15.8M · 0.34%
Bio-Botanica Inc NY$15.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111781097 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.