Plan Ledger DOL Form 5500 · updated monthly

Cgl, Corporation401(k)

CGL, INC. 401(K) PROFIT SHARING PLAN · LIVONIA, MI · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Cgl, Corporation reported $31,553 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,782 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,248th-largest of 2,619 plans among Michigan employers on file, and 2,351st of 4,246 in wholesale trade. In 2024, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,143,888
Participants with balances149
Active participants125
Employer contributions$222,777
Employee contributions$405,631
Employer contribution per active participant$1,782
Average account balance$101,637
Benefits paid to participants$1,821,733
Plan auditUnmodified (clean) audit opinion
AuditorJASON F. CLAUSEN PC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,553
Total administrative$31,553
The Cgl, Corporation 401(k) match · 2024
Employer contribution per active participant$1,782
Median for plans this size$2,416

Cgl, Corporation's 2024 employer contribution ran below 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
PENSION PLAN SERVICES · Contract administrator$6,713

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$31,553 · 0.22%
Same employer
Similar plansWholesale Trade · Michigan
Morrell LLC MI$16.1M · 0.13%
Paragon Technologies, Inc. MI$15.8M · 0.19%
Atlas Oil Company MI$15.6M · 0.59%
Griffin Beverage Company MI$15.3M · 0.35%
Ckl Corporation MI$13.8M · 0.54%
Mst Steel Corporation MI$13.3M · 0.01%
J & H Oil Company MI$12.6M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383254235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.