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