Plan Ledger DOL Form 5500 · updated monthly

Certified Industrial Partners, Inc.401(k)

CERTIFIED INDUSTRIAL PARTNERS RETIREMENT PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Certified Industrial Partners, Inc. reported $34,724 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $2,251 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Missouri (926th of 1,393), and 3,340th of 5,337 in construction. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,332,033
Participants with balances152
Active participants187
Employer contributions$420,967
Employee contributions$751,446
Employer contribution per active participant$2,251
Average account balance$54,816
Benefits paid to participants$719,169
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,534
Investment management$16,190
Total administrative$34,724
The Certified Industrial Partners, Inc. 401(k) match · 2024
Employer contribution per active participant$2,251
Median for plans this size$1,313

Certified Industrial Partners, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
FORVIS MAZARS WEALTH ADVISORS LLC · Contract administrator · Investment advisory (plan)$10,028
EMPOWER ADVISORY GROUP, LLC · Investment management$6,161

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$34,724 · 0.45%
Same employer
Similar plansConstruction · Missouri
Mts Contracting, Inc. MO$7.3M · 0.51%
Hth Companies, Inc. MO$7.2M · 0.49%
Branco Enterprises, Inc. MO$7.1M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480694325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.