Plan Ledger DOL Form 5500 · updated monthly

Cloeren Incorporated401(k)

CLOEREN INCORPORATED 401(K) PLAN · ORANGE, TX · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Cloeren Incorporated reported $110,105 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $2,511 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 3 years on file its reported administrative ratio has held roughly steady near 0.37%. 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 1,521st-largest of 5,688 plans among Texas employers on file, and the 4,422nd of 13,661 in manufacturing. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,630,247
Participants with balances329
Active participants343
Employer contributions$861,122
Employee contributions$1,548,938
Employer contribution per active participant$2,511
Average account balance$93,101
Benefits paid to participants$3,226,743
Plan auditUnmodified (clean) audit opinion
AuditorMITCHELL T. FONTENOTE
Plan history3
Yearassets · accounts · employer contribution
2024$30.6M · 329 accts · $861K emplr
2023$28.1M · 323 accts · $758K emplr
2022$25.0M · 298 accts · $694K emplr
The Cloeren Incorporated 401(k) match · 2024
Employer contribution per active participant$2,511
Median for plans this size$2,416
2024$2,511 per active participant
2023$2,099 per active participant
2022$2,067 per active participant

Cloeren Incorporated'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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$104,130
MITCHELL T FONTENOTE CPA, INC.$6,000

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$110,105 · 0.37%
2023$100,866 · 0.38%
2022$106,297 · 0.39%
Same employer
Similar plansManufacturing · Texas
Ef Johnson Company TX$31.1M · 0.55%
Mogas Industries, Inc. TX$30.8M · 0.14%
Pabst Brewing Company TX$30.7M · 0.21%
Cti Foods Holding Co., LLC TX$30.5M · 0.28%
Blackbeard Operating, LLC TX$29.4M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742145563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.