Plan Ledger DOL Form 5500 · updated monthly

Cincinnati Tool Steel Company401(k)

CINCINNATI TOOL STEEL COMPANY PROFIT SHARING AND 401(K) PLAN · ROCKFORD, IL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Cincinnati Tool Steel Company reported $14,835 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% 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 2 years on file its reported administrative ratio rose from 0.04% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,645th-largest of 3,702 plans among Illinois employers on file, and the 1,806th of 4,246 in wholesale trade. active participation has shrunk from 114 to 92 since 2022.

Plan summary
Net assets, end of year$21,222,851
Participants with balances122
Active participants92
Employer contributions$0
Employee contributions$358,787
Employer contribution per active participant$0
Average account balance$173,958
Benefits paid to participants$949,528
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$21.2M · 122 accts
2023$17.6M · 123 accts
2022$16.0M · 138 accts · $412K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,335
Total administrative$14,835
The Cincinnati Tool Steel Company 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Cincinnati Tool Steel Company's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
CASSELL PLAN AUDITS INC$10,500
JPMORGAN INVEST HOLDINGS LLC$4,335

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$14,835 · 0.08%
2023$13,375 · 0.08%
2022$7,305 · 0.04%
Same employer
Similar plansWholesale Trade · Illinois
Bystronic Inc. IL$22.4M · 0.51%
Ty, Inc. IL$22.2M · 0.24%
Level 10 Holdings, Co. IL$21.1M · 0.00%
National Lift Truck, Inc. IL$20.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362991003 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.