Plan Ledger DOL Form 5500 · updated monthly

Claridge Products & Equipment, LLC401(k)

CLARIDGE PRODUCTS & EQUIPMENT, LLC EMPLOYEES 401(K) PLAN · COPPELL, TX · plan year 2022

Reported admin expense ratio · 2022
0.50%

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

Claridge Products & Equipment, LLC reported $47,697 in plan administrative expenses for 2022: 0.50% of average plan assets, above the peer median. Employer contributions averaged $720 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 has held roughly steady near 0.502%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (3,389th of 5,688), and 9,682nd of 13,661 in manufacturing. In 2022, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,993,106
Participants with balances227
Active participants455
Employer contributions$327,796
Employee contributions$708,451
Employer contribution per active participant$720
Average account balance$35,212
Benefits paid to participants$3,286,908
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 203 accts · $319K emplr
2023$7.4M · 221 accts · $338K emplr
2022$8.0M · 227 accts · $328K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$18,666
Investment management$29,031
Total administrative$47,697
The Claridge Products & Equipment, LLC 401(k) match · 2022
Employer contribution per active participant$720
Median for plans this size$1,114
2024$1,130 per active participant
2023$1,043 per active participant
2022$720 per active participant

Claridge Products & Equipment, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$37,534 · 0.50%
2023$41,582 · 0.54%
2022$47,697 · 0.50%
Same employer
Similar plansManufacturing · Texas
Brochsteins Inc. TX$8.2M · 0.08%
C.E. Shepherd Co., LP TX$8.0M · 0.19%
Millar Inc. TX$8.0M · 0.03%
Hoover Group, Inc. TX$7.9M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710302078 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.