Plan Ledger DOL Form 5500 · updated monthly

Cerco I, Inc.401(k)

CERCO I, INC. 401(K) PROFIT SHARING PLAN · CROOKSVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Cerco I, Inc. reported $20,090 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $3,375 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 fell from 0.42% to 0.16%. 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 Ohio (1,754th of 3,295), and 7,782nd of 13,661 in manufacturing. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves; active participation has grown from 113 to 133 since 2022.

Plan summary
Net assets, end of year$12,799,871
Participants with balances192
Active participants133
Employer contributions$448,840
Employee contributions$383,438
Employer contribution per active participant$3,375
Average account balance$66,666
Benefits paid to participants$1,798,315
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 192 accts · $449K emplr
2023$12.2M · 206 accts · $459K emplr
2022$11.1M · 147 accts · $458K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,090
Total administrative$20,090
The Cerco I, Inc. 401(k) match · 2024
Employer contribution per active participant$3,375
Median for plans this size$2,416
2024$3,375 per active participant
2023$3,735 per active participant
2022$4,055 per active participant

Cerco I, 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 · 20241
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$20,090

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$20,090 · 0.16%
2023$34,913 · 0.30%
2022$55,418 · 0.42%
Same employer
Similar plansManufacturing · Ohio
Upc Holdings III Corp. OH$13.1M · 0.40%
Fecon, LLC OH$13.0M · 0.00%
Veoneer Brake Systems LLC OH$12.8M · 0.69%
Plastic Suppliers, Inc. OH$12.8M · 0.14%
Takumi Stamping Inc. OH$12.7M · 1.05%
Iten Industries, Inc. OH$12.7M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271798479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.