Plan Ledger DOL Form 5500 · updated monthly

Clark Material Handling Company401(k)

CLARK MATERIAL HANDLING COMPANY EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Clark Material Handling Company reported $43,436 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,748 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 fell from 0.27% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 269th-largest of 871 plans among Kentucky employers on file, and the 5,526th of 13,661 in manufacturing. In 2024, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,249,082
Participants with balances297
Active participants228
Employer contributions$626,508
Employee contributions$1,301,292
Employer contribution per active participant$2,748
Average account balance$74,913
Benefits paid to participants$3,887,298
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 297 accts · $627K emplr
2023$21.6M · 315 accts · $577K emplr
2022$19.9M · 295 accts · $466K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,937
Investment management$3,499
Total administrative$43,436
The Clark Material Handling Company 401(k) match · 2024
Employer contribution per active participant$2,748
Median for plans this size$2,416
2024$2,748 per active participant
2023$2,318 per active participant
2022$2,179 per active participant

Clark Material Handling Company's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$3,499

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$43,436 · 0.20%
2023$42,092 · 0.20%
2022$59,181 · 0.27%
Same employer
Similar plansManufacturing · Kentucky
The Williamson Group, Inc. KY$24.1M · 0.39%
Papercone Corporation KY$23.5M · 0.03%
Four Roses Distillery LLC KY$22.4M · 0.06%
Mouser Cabinetry LLC KY$21.3M · 0.02%
Halton Group Americas Inc. KY$21.3M · 0.29%
Lbx Company, LLC KY$20.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 542091806 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.