Plan Ledger DOL Form 5500 · updated monthly

Clean Textile Systems, Inc.401(k)

CLEANCARE LAUNDRY WORKERS SEIU LOCAL 141 401K · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Clean Textile Systems, Inc. reported $306 in plan administrative expenses for 2024: 0.22% of average plan assets, lower than ~75% of peers. Employer contributions averaged $301 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Pennsylvania (3,611th of 3,651), and 3,266th of 3,341 in other services. In 2024, the employer put in $3.39 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$161,080
Participants with balances113
Active participants75
Employer contributions$22,596
Employee contributions$6,663
Employer contribution per active participant$301
Average account balance$1,425
Benefits paid to participants$3,366
Plan auditUnmodified (clean) audit opinion
AuditorGROSSMAN YANAK & FORD
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$306
Total administrative$306
The Clean Textile Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$301
Median for plans this size$540

Clean Textile Systems, Inc.'s 2024 employer contribution ran below the $540 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 · 20241
ASCENSUS LLC · Recordkeeping$306

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

Administrative cost history1
2024$306 · 0.22%
Similar plansOther Services · Pennsylvania
Keystone Clippers, LLC PA$1.6M · 1.94%
Alpha Female Fitness, LLC PA$320K · 0.06%
G and C Robins Company PA$47K · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251318334 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.