Plan Ledger DOL Form 5500 · updated monthly

Clock Spring Company, Inc.401(k)

CLOCK SPRING COMPANY, INC.401K PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Clock Spring Company, Inc. reported $30,117 in plan administrative expenses for 2023: 0.33% of average plan assets, below the peer median. Employer contributions averaged $4,214 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 has held roughly steady near 0.331%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (2,987th of 5,688), and 8,553rd of 13,661 in manufacturing. In 2023, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,522,874
Participants with balances207
Active participants143
Employer contributions$602,580
Employee contributions$1,311,120
Employer contribution per active participant$4,214
Average account balance$50,835
Benefits paid to participants$1,141,387
AuditorBAKER TILLY US, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$10.5M · 207 accts · $603K emplr
2022$7.7M · 213 accts · $563K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,921
Investment management$23,196
Total administrative$30,117
The Clock Spring Company, Inc. 401(k) match · 2023
Employer contribution per active participant$4,214
Median for plans this size$1,308
2023$4,214 per active participant
2022$3,477 per active participant

Clock Spring Company, Inc.'s 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$30,117 · 0.33%
2022$24,466 · 0.33%
Same employer
Similar plansManufacturing · Texas
Seatex LLC TX$10.7M · 0.03%
Jcm Industries, Inc. TX$10.7M · 0.28%
Wire Mesh Texas LLC TX$10.6M · 0.31%
Kolder, Inc. TX$10.5M · 0.54%
Technical Chemical Company TX$10.3M · 0.15%
Dorf Ketal Chemicals LLC TX$10.2M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824052865 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.