Plan Ledger DOL Form 5500 · updated monthly

Chemence, Inc.401(k)

CHEMENCE, INC. 401(K) PROFIT SHARING PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Chemence, Inc. reported $8,322 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,632 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 fell from 0.55% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,566th of 2,160), and 10,882nd of 13,661 in manufacturing. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has grown from 156 to 224 since 2022.

Plan summary
Net assets, end of year$5,620,155
Participants with balances157
Active participants224
Employer contributions$365,484
Employee contributions$771,438
Employer contribution per active participant$1,632
Average account balance$35,797
Benefits paid to participants$1,147,778
Plan auditUnmodified (clean) audit opinion
AuditorAMA CPA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 157 accts · $365K emplr
2023$5.0M · 173 accts · $336K emplr
2022$3.8M · 152 accts · $344K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,322
Investment management$6,000
Total administrative$8,322
The Chemence, Inc. 401(k) match · 2024
Employer contribution per active participant$1,632
Median for plans this size$1,313
2024$1,632 per active participant
2023$1,515 per active participant
2022$2,203 per active participant

Chemence, 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 · 20242
ADP, INC. · Recordkeeping$1,991
PENSIONMARK FINANCIAL GROUP · Investment advisory (participants) · Investment advisory (plan)$6,000

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

Administrative cost history3
2024$8,322 · 0.16%
2023$23,374 · 0.53%
2022$21,095 · 0.55%
Same employer
Similar plansManufacturing · Georgia
Aquafil USA, Inc. GA$5.8M · 1.33%
Video Display Corporation GA$5.8M · 0.01%
Controlled Products, LLC. GA$5.7M · 0.05%
Sienna Corporation GA$5.7M · 0.91%
Stimlabs, LLC GA$5.6M · 1.35%
Scruggs Concrete Inc. GA$5.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341607498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.