Plan Ledger DOL Form 5500 · updated monthly

Ceramtec North America LLC401(k)

CTNA 401(K) PLAN · LAURENS, SC · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Ceramtec North America LLC reported $67,561 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $7,435 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 0.21% to 0.22%. 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 175th-largest of 807 plans among South Carolina employers on file, and the 4,279th of 13,661 in manufacturing. In 2024, the employer put in $1.54 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$31,993,225
Participants with balances335
Active participants297
Employer contributions$2,208,321
Employee contributions$1,431,161
Employer contribution per active participant$7,435
Average account balance$95,502
Benefits paid to participants$4,203,192
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.0M · 335 accts · $2.2M emplr
2023$28.6M · 369 accts · $2.2M emplr
2022$23.2M · 330 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,561
Total administrative$67,561
The Ceramtec North America LLC 401(k) match · 2024
Employer contribution per active participant$7,435
Median for plans this size$2,416
2024$7,435 per active participant
2023$7,431 per active participant
2022$7,252 per active participant

Ceramtec North America LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$67,310
NOVA 401K ASSOCIATES · Contract administrator · Other services$250
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 history3
2024$67,561 · 0.22%
2023$61,648 · 0.24%
2022$51,939 · 0.21%
Same employer
Similar plansManufacturing · South Carolina
Giant Cement Holding, Inc. SC$34.4M · 0.28%
Pacolet Milliken, LLC SC$32.6M · 0.08%
Devro, Inc. SC$31.5M · 0.13%
Oliver Rubber Company LLC SC$30.4M · 0.06%
Gower Corporation SC$30.0M · 0.29%
Tietex International LTD SC$28.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521708698 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.