Plan Ledger DOL Form 5500 · updated monthly

Cht USA Inc.401(k)

CHT USA 401(K) PROFIT SHARING PLAN · CASSOPOLIS, MI · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Cht USA Inc. reported $48,997 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $2,589 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 0.54% to 0.61%. 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 Michigan (1,628th of 2,619), and 9,330th of 13,661 in manufacturing. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 107 to 136 since 2022.

Plan summary
Net assets, end of year$8,760,396
Participants with balances159
Active participants136
Employer contributions$352,070
Employee contributions$697,144
Employer contribution per active participant$2,589
Average account balance$55,097
Benefits paid to participants$701,080
Plan auditUnmodified (clean) audit opinion
AuditorERNST & YOUNG U.S. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 159 accts · $352K emplr
2023$7.4M · 155 accts · $301K emplr
2022$6.0M · 146 accts · $267K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,512
Investment management$39,485
Total administrative$48,997
The Cht USA Inc. 401(k) match · 2024
Employer contribution per active participant$2,589
Median for plans this size$1,313
2024$2,589 per active participant
2023$2,598 per active participant
2022$2,500 per active participant

Cht USA Inc.'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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$9,512
CAP FINANCIAL PARTNERS · Investment advisory (plan)$39,485

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$48,997 · 0.61%
2023$38,391 · 0.57%
2022$35,065 · 0.54%
Same employer
Similar plansManufacturing · Michigan
Carcoustics USA, Inc MI$8.8M · 0.54%
Linear Motion LLC MI$8.7M · 0.09%
Skyway Precision Inc. MI$8.7M · 0.40%
Bayloff Stamped Products MI$8.7M · 0.47%
Linn Products, Inc. MI$8.7M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 454366410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.