Plan Ledger DOL Form 5500 · updated monthly

Cherry Painting Company, Inc.401(k)

CHERRY PAINTING COMPANY 401(K) PROFIT SHARING PLAN · CARROLLTON, TX · plan year 2025

Reported admin expense ratio · 2025
1.33%

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

Cherry Painting Company, Inc. reported $41,360 in plan administrative expenses for 2025: 1.33% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 3 years on file its reported administrative ratio rose from 1.13% to 1.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (4,378th of 5,688), and 4,311th of 5,337 in construction. active participation has grown from 442 to 1,258 since 2022.

Plan summary
Net assets, end of year$3,746,825
Participants with balances235
Active participants1,258
Employer contributions$0
Employee contributions$597,103
Employer contribution per active participant$0
Average account balance$15,944
Benefits paid to participants$199,626
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$3.7M · 235 accts
2024$2.5M · 251 accts
2023$1.9M · 267 accts
2022$1.5M · 360 accts
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$41,360
Total administrative$41,360
The Cherry Painting Company, Inc. 401(k) match · 2025
Employer contribution per active participant$0
Median for plans this size$1,464

Cherry Painting Company, Inc.'s 2025 employer contribution ran below the $1,464 median for plans its size, in the bottom quarter of its peers. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$32,070

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

Recordkeeper by year3
2025John Hancock
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$41,360 · 1.33%
2024$24,515 · 1.12%
2023$30,660 · 1.81%
2022$17,564 · 1.13%
Same employer
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Lochridge-Priest, Inc TX$3.8M · 1.05%
Ttg Utilities, Inc. TX$3.8M · 1.51%
Win-Con Enterprises, Inc. TX$3.8M · 1.66%
Dailey Company, Inc. TX$3.7M · 0.20%
Duphil, Inc TX$3.5M · 0.62%
Merit Electric Company TX$3.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752490105 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.