Plan Ledger DOL Form 5500 · updated monthly

Clearfield Metal Technologies, Inc.401(k)

CLEARFIELD METAL TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN · CLEARFIELD, PA · plan year 2024

Reported admin expense ratio · 2024
1.18%

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

Clearfield Metal Technologies, Inc. reported $13,231 in plan administrative expenses for 2024: 1.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,378 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 $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 Pennsylvania (3,488th of 3,651), and 13,178th of 13,661 in manufacturing. In 2024, the employer put in $1.01 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,240,899
Participants with balances152
Active participants90
Employer contributions$123,979
Employee contributions$123,009
Employer contribution per active participant$1,378
Average account balance$8,164
Benefits paid to participants$180,200
Plan auditUnmodified (clean) audit opinion
AuditorDEAN ACCOUNTING GROUP PLLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,231
Total administrative$13,231
The Clearfield Metal Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,378
Median for plans this size$1,313

Clearfield Metal Technologies, Inc.'s 2024 employer contribution ran above the $1,313 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$12,591

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$13,231 · 1.18%
Similar plansManufacturing · Pennsylvania
Turner Dairy Farms, Inc. PA$1.6M · 0.08%
Max Solutions USA LLC PA$1.4M · 0.21%
Wayne Mills Co., Inc. PA$1.3M · 0.10%
Aah Acquisitions, LLC PA$935K · 0.19%
Clinton Industries Inc PA$713K · 0.05%
Cpc Airport Phl LLC PA$495K · 1.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 874648084 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.