Plan Ledger DOL Form 5500 · updated monthly

Cgr Products Inc.401(k)

CGR PRODUCTS INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Cgr Products Inc. reported $51,084 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $3,111 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 rose from 0.30% to 0.34%. 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 the 867th-largest of 2,005 plans among North Carolina employers on file, and 7,024th of 13,661 in manufacturing. In 2024, employees put in $1.46 for every $1.00 the employer contributed; active participation has shrunk from 134 to 116 since 2022.

Plan summary
Net assets, end of year$15,256,385
Participants with balances177
Active participants116
Employer contributions$360,860
Employee contributions$526,462
Employer contribution per active participant$3,111
Average account balance$86,194
Benefits paid to participants$2,915,295
Plan auditUnmodified (clean) audit opinion
AuditorROBERTSON NEAL & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 177 accts · $361K emplr
2023$15.0M · 172 accts · $366K emplr
2022$13.0M · 175 accts · $379K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,551
Investment management$32,533
Total administrative$51,084
The Cgr Products Inc. 401(k) match · 2024
Employer contribution per active participant$3,111
Median for plans this size$2,416
2024$3,111 per active participant
2023$3,021 per active participant
2022$2,825 per active participant

Cgr Products 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 · 20243
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$18,551
VALIC FINANCIAL ADVISORS INC · Investment advisory (plan)$39,242
ENVESTNET RETIREMENT SOLUTIONS · Investment advisory (plan)$6,279

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

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

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Administrative cost history3
2024$51,084 · 0.34%
2023$30,477 · 0.22%
2022$42,249 · 0.30%
Same employer
Similar plansManufacturing · North Carolina
Mallard Creek Polymers, LLC NC$16.0M · 0.29%
Exela Pharma Sciences, LLC NC$15.8M · 0.31%
Barrday Corp. NC$15.2M · 0.02%
American Truetzschler, Inc. NC$15.0M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560795247 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.