Plan Ledger DOL Form 5500 · updated monthly

Ceratizit USA, Inc.401(k)

CERATIZIT USA 401(K) RETIREMENT PLAN · SCHAUMBURG, IL · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Ceratizit USA, Inc. reported $56,702 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $4,395 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 3 years on file its reported administrative ratio has held roughly steady near 0.35%. 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 among the smaller plans on file in Illinois (1,904th of 3,702), and the 6,696th of 13,661 in manufacturing. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has shrunk from 128 to 84 since 2022.

Plan summary
Net assets, end of year$16,425,492
Participants with balances178
Active participants84
Employer contributions$369,208
Employee contributions$790,974
Employer contribution per active participant$4,395
Average account balance$92,278
Benefits paid to participants$2,569,026
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.4M · 178 accts · $369K emplr
2023$16.2M · 193 accts · $394K emplr
2022$14.8M · 214 accts · $410K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,702
Total administrative$56,702
The Ceratizit USA, Inc. 401(k) match · 2024
Employer contribution per active participant$4,395
Median for plans this size$2,416
2024$4,395 per active participant
2023$3,824 per active participant
2022$3,206 per active participant

Ceratizit USA, Inc.'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$65,829
EMBREE FINANCIAL GROUP · Investment advisory (plan)indirect comp
HUNTER BENEFITS CONSULTING GROUP · Other servicesindirect 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$56,702 · 0.35%
2023$57,810 · 0.37%
2022$54,788 · 0.33%
Same employer
Similar plansManufacturing · Illinois
Bag Makers, Inc. IL$16.7M · 0.54%
Budnick Converting, Inc. IL$16.6M · 0.50%
Rana USA, Inc. IL$16.6M · 0.29%
Lake County Press, Inc. IL$16.4M · 0.12%
Rukel Management, LLC IL$16.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593764998 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.