Plan Ledger DOL Form 5500 · updated monthly

Cmc Materials, Inc.401(k)

CMC MATERIALS, INC. 401(K) PLAN · BILLERICA, MA · plan year 2022

Employer contribution per participant · 2022
$9,513

Cmc Materials, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $223,754,692 across 1,522 participant accounts, with employer contributions averaging $9,513 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other manufacturing employers. By assets it is the 235th-largest of 2,726 plans among Massachusetts employers on file, and the 1,075th of 13,661 in manufacturing. In 2022, the employer put in $1.01 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$223,754,692
Participants with balances1,522
Active participants1,107
Employer contributions$10,530,711
Employee contributions$10,400,299
Employer contribution per active participant$9,513
Average account balance$147,014
Benefits paid to participants$22,049,177
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $9.2M emplr
2022$223.8M · 1,522 accts · $10.5M emplr
The Cmc Materials, Inc. 401(k) match · 2022
Employer contribution per active participant$9,513
Median for plans this size$4,065

Cmc Materials, Inc.'s 2022 employer contribution ran above the $4,065 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.

Administrative cost history2
2023Not separately reported
2022Not separately reported
Same employer
Similar plansManufacturing · Massachusetts
Insulet Corporation MA$250.4M · 0.19%
Avid Technology, Inc. MA$241.6M · 0.01%
Babcock Power Inc. MA$224.7M · 0.14%
Kadant Inc. MA$207.7M · 0.04%
Vicor Corporation MA$203.0M · 0.15%
Sarepta Therapeutics, Inc. MA$202.5M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364324765 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.