Plan Ledger DOL Form 5500 · updated monthly

Cleveland Hardware & Forging Co401(k)

CLEVELAND HARDWARE AND FORGING CO. PROFIT SHARING · GREEN BAY, WI · plan year 2020

Reported admin expense ratio · 2020
0.53%

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

Cleveland Hardware & Forging Co reported $45,858 in plan administrative expenses for 2020: 0.53% of average plan assets, above the peer median. Employer contributions averaged $100 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 11 years on file its reported administrative ratio rose from 0.42% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 294 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,336th of 1,936), and 9,192nd of 13,661 in manufacturing. In 2020, employees put in $23.50 for every $1.00 the employer contributed; active participation has shrunk from 168 to 81 since 2009.

Plan summary
Net assets, end of year$9,080,780
Participants with balances106
Active participants81
Employer contributions$8,117
Employee contributions$190,728
Employer contribution per active participant$100
Average account balance$85,668
Benefits paid to participants$193,229
Plan auditDisclaimer of opinion
Plan history12
Yearassets · accounts · employer contribution
2020$9.1M · 106 accts · $8K emplr
2019$8.1M · 106 accts · $158K emplr
2018$8.1M · 118 accts · $367K emplr
2017$7.6M · 100 accts · $26K emplr
2016$7.5M · 130 accts · $37K emplr
2015$7.6M · 148 accts · $116K emplr
2014$7.2M · 154 accts · $148K emplr
2013$6.7M · 105 accts · $21K emplr
2012$6.9M · 110 accts · $23K emplr
2011$6.9M · 128 accts · $20K emplr
2010$6.8M · 126 accts · $16K emplr
2009$6.5M · 132 accts · $20K emplr
Administrative expenses, itemized · 2020
Recordkeeping & contract admin$3,598
Investment management$42,260
Total administrative$45,858
The Cleveland Hardware & Forging Co 401(k) match · 2020
Employer contribution per active participant$100
Median for plans this size$893
2020$100 per active participant
2019$1,882 per active participant
2018$3,602 per active participant
2017$275 per active participant
2016$265 per active participant

Cleveland Hardware & Forging Co's 2020 employer contribution ran below the $893 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 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history12
2020$45,858 · 0.53%
2019$37,720 · 0.47%
2018$30,663 · 0.39%
2017$30,449 · 0.40%
2016$30,488 · 0.40%
2015$30,241 · 0.41%
2014$27,827 · 0.40%
2013$27,555 · 0.40%
2012$28,899 · 0.42%
2011$27,767 · 0.40%
2010$27,623 · 0.41%
2009$27,922 · 0.42%
Same employer
Similar plansManufacturing · Wisconsin
R.G. Rezin, Inc. WI$9.1M · 0.06%
Norlen, Inc WI$9.0M · 0.63%
The Brewer Company LLC WI$9.0M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341028784 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.