Plan Ledger DOL Form 5500 · updated monthly

Cheyenne International L L C401(k)

CHEYENNE INTERNATIONAL L L C 401(K) PROFIT SHARING PLAN & TRUST · GROVER, NC · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Cheyenne International L L C reported $60,406 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $3,246 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 0.57% to 0.64%. 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 North Carolina (1,103rd of 2,005), and 8,688th of 13,661 in manufacturing. In 2024, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,206,950
Participants with balances171
Active participants177
Employer contributions$574,558
Employee contributions$817,906
Employer contribution per active participant$3,246
Average account balance$59,690
Benefits paid to participants$784,815
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 171 accts · $575K emplr
2023$8.6M · 166 accts · $558K emplr
2022$7.1M · 171 accts · $496K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,975
Investment management$39,571
Trustee / custodial$860
Total administrative$60,406
The Cheyenne International L L C 401(k) match · 2024
Employer contribution per active participant$3,246
Median for plans this size$1,313
2024$3,246 per active participant
2023$3,261 per active participant
2022$3,022 per active participant

Cheyenne International L L C's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PAYCHEX, INC. · Recordkeeping$20,181
WEALTH ENHANCEMENT ADVISORY SERVICE · Investment advisory (participants)$32,191
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$7,380

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

Recordkeeper by year2
2024Paychex
2023ERISA FIDUCIARY SERVICES, INC., Paychex, WEALTH ENHANCEMENT ADVISORY SERVICE

This plan has changed recordkeepers within these filings. If you left Cheyenne International L L C before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$60,406 · 0.64%
2023$50,453 · 0.64%
2022$42,008 · 0.57%
Similar plansManufacturing · North Carolina
Egger Wood Products, LLC. NC$10.3M · 0.21%
Carpenter Industries Inc. NC$10.2M · 0.11%
Pure Flow, Inc. NC$10.2M · 0.33%
Starpet Inc NC$10.0M · 0.20%
Medical Specialties, Inc. NC$9.9M · 0.08%
Galvan Industries, Inc. NC$9.9M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010731357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.