Plan Ledger DOL Form 5500 · updated monthly

Ceres Technologies401(k)

CERES TECHNOLOGIES 401(K) PROFIT SHARING PLAN · SAUGERTIES, NY · plan year 2022

Reported admin expense ratio · 2022
1.05%

Ceres Technologies reported $45,848 in plan administrative expenses for 2022: 1.05% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New York (5,645th of 5,648), and 5,335th of 5,337 in construction.

Plan summary
Net assets, end of year$1,014
Participants with balances1
Active participants0
Employer contributions$0
Employee contributions$291,319
Employer contribution per active participant—
Average account balance$1,014
Benefits paid to participants$7,712,188
Plan auditUnmodified (clean) audit opinion
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$45,848 · 1.05%
Similar plansConstruction · New York
Fjm Ferro Inc NY$119K · 0.17%
Lopez Group Corp CA$10K · 0.07%
Weslar, Inc. CA$8K · 42.83%
C S Drywall Inc CA$2K · 56.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453250893 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.