Plan Ledger DOL Form 5500 · updated monthly

Consolidated Machine & Tool Holdings, LLC401(k)

CONSOLIDATED MACHINE & TOOL HOLDINGS LLC 401(K) PLAN · MIAMI, FL · plan year 2022

Reported admin expense ratio · 2022
0.78%

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

Consolidated Machine & Tool Holdings, LLC reported $94,514 in plan administrative expenses for 2022: 0.78% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,104 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 0.81%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,760th-largest of 3,644 plans among Florida employers on file, and 8,705th of 13,661 in manufacturing. In 2022, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,162,751
Participants with balances314
Active participants266
Employer contributions$559,779
Employee contributions$1,000,660
Employer contribution per active participant$2,104
Average account balance$32,365
Benefits paid to participants$3,423,265
Plan auditUnmodified (clean) audit opinion
AuditorMOSS ADAMS
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 269 accts · $398K emplr
2023$10.0M · 292 accts · $506K emplr
2022$10.2M · 314 accts · $560K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$47,086
Investment management$47,428
Total administrative$94,514
The Consolidated Machine & Tool Holdings, LLC 401(k) match · 2022
Employer contribution per active participant$2,104
Median for plans this size$2,266
2024$2,400 per active participant
2023$2,180 per active participant
2022$2,104 per active participant

Consolidated Machine & Tool Holdings, LLC's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$80,363 · 0.81%
2023$80,647 · 0.80%
2022$94,514 · 0.78%
Same employer
Similar plansManufacturing · Florida
Rei Holding Company FL$10.8M · 0.93%
Treatt USA, Inc. FL$10.8M · 0.58%
Bk Technologies, Inc FL$10.1M · 0.27%
Drummond Press Inc FL$10.0M · 0.48%
Neocis, Inc. FL$10.0M · 0.12%
Mnemonics, Inc FL$9.9M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 820714527 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.