Plan Ledger DOL Form 5500 · updated monthly

Consumer Safety Technology, LLC, a Delaware LLC401(k)

CONSUMER SAFETY TECHNOLOGY, LLC 401(K) PLAN · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Consumer Safety Technology, LLC, a Delaware LLC reported $10,968 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,812 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 fell from 0.82% to 0.07%. 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 422nd-largest of 878 plans among Iowa employers on file, and the 6,240th of 13,661 in manufacturing. In 2024, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,437,046
Participants with balances421
Active participants646
Employer contributions$1,170,437
Employee contributions$2,614,644
Employer contribution per active participant$1,812
Average account balance$43,793
Benefits paid to participants$3,387,084
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 421 accts · $1.2M emplr
2023$14.5M · 398 accts · $991K emplr
2022$10.5M · 430 accts · $940K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,968
Total administrative$10,968
The Consumer Safety Technology, LLC, a Delaware LLC 401(k) match · 2024
Employer contribution per active participant$1,812
Median for plans this size$2,416
2024$1,812 per active participant
2023$1,513 per active participant
2022$1,588 per active participant

Consumer Safety Technology, LLC, a Delaware LLC's 2024 employer contribution ran below 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$63,077
WEALTHPLAN PARTNERS INC · Investment advisory (participants)$41,498
QUALIFIED PLAN CONSULTANTS · Plan administrator$8,299

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$10,968 · 0.07%
2023$96,318 · 0.77%
2022$86,549 · 0.82%
Similar plansManufacturing · Iowa
American Pop Corn Company IA$19.4M · 0.34%
Dethmers Manufacturing Co IA$18.2M · 0.60%
Anderson Erickson Dairy Co. IA$18.2M · 0.24%
Freund-Vector Corporation IA$17.9M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800821856 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.