Plan Ledger DOL Form 5500 · updated monthly

Certex USA, LLC401(k)

CERTEX USA 401(K) PLAN · PHOENIX, AZ · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Certex USA, LLC reported $2,570 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,135 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 rose from 0.010% to 0.010%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 320th-largest of 1,285 plans among Arizona employers on file, and the 5,165th of 13,661 in manufacturing. In 2023, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,785,734
Participants with balances281
Active participants240
Employer contributions$512,298
Employee contributions$1,263,405
Employer contribution per active participant$2,135
Average account balance$88,205
Benefits paid to participants$4,887,691
Plan auditUnmodified (clean) audit opinion
AuditorWALLACE PLESE & DREHER LLP
Plan history2
Yearassets · accounts · employer contribution
2023$24.8M · 281 accts · $512K emplr
2022$24.6M · 228 accts · $508K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,570
Total administrative$2,570
The Certex USA, LLC 401(k) match · 2023
Employer contribution per active participant$2,135
Median for plans this size$2,440
2023$2,135 per active participant
2022$2,267 per active participant

Certex USA, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
TRANSAMERICA LIFE INSURANCE CO · Recordkeeping · Loan processing$2,570

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$2,570 · 0.01%
2022$2,585 · 0.01%
Same employer
Similar plansManufacturing · Arizona
Amtech Systems, Inc. AZ$31.0M · 0.20%
Isola USA Corp. AZ$27.6M · 0.23%
MD Helicopters, LLC AZ$27.0M · 0.14%
Foam Fabricators, Inc. AZ$24.0M · 0.39%
Cassavant Machining, Inc. AZ$22.5M · 0.54%
Bingham Equipment Company AZ$22.0M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 201211126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.