Plan Ledger DOL Form 5500 · updated monthly

Century Products, Inc. a Texas Corporation401(k)

CENTURY PRODUCTS, INC. A TEXAS CORPORATION 401(K) PLAN · GREENSBORO, NC · plan year 2023

Reported admin expense ratio · 2023
0.98%

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

Century Products, Inc. a Texas Corporation reported $42,793 in plan administrative expenses for 2023: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,239 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 fell from 1.19% to 0.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,498th of 2,005), and 11,404th of 13,661 in manufacturing. In 2023, the employer put in $1.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$4,631,701
Participants with balances197
Active participants127
Employer contributions$411,357
Employee contributions$388,052
Employer contribution per active participant$3,239
Average account balance$23,511
Benefits paid to participants$877,381
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$4.6M · 197 accts · $411K emplr
2022$4.1M · 207 accts · $387K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$42,793
Total administrative$42,793
The Century Products, Inc. a Texas Corporation 401(k) match · 2023
Employer contribution per active participant$3,239
Median for plans this size$1,308
2023$3,239 per active participant
2022$3,120 per active participant

Century Products, Inc. a Texas Corporation's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY MANAGEMENT TRUST COMPANY · Plan administrator · Trustee (discretionary)$42,793

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$42,793 · 0.98%
2022$52,870 · 1.19%
Same employer
Similar plansManufacturing · North Carolina
Carolina Stalite Company NC$4.8M · 0.46%
Ksm Castings USA Inc. NC$4.7M · 0.23%
Arcatech Systems, LLC NC$4.5M · 0.92%
Efa, Inc. NC$4.4M · 0.42%
Golding Farms Foods, Inc. NC$4.4M · 0.20%
Darnel Inc NC$4.3M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752721886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.