Plan Ledger DOL Form 5500 · updated monthly

Control Products Corporation401(k)

CONTROL PRODUCTS CORPORATION 401(K) PROFIT SHARING PLAN AND TRUST · GRAND PRAIRIE, TX · plan year 2022

Reported admin expense ratio · 2022
0.59%

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

Control Products Corporation reported $39,930 in plan administrative expenses for 2022: 0.59% of average plan assets, above the peer median. Employer contributions averaged $653 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (3,748th of 5,688), and 10,515th of 13,661 in manufacturing. In 2022, employees put in $5.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,317,073
Participants with balances95
Active participants108
Employer contributions$70,530
Employee contributions$356,435
Employer contribution per active participant$653
Average account balance$66,496
Benefits paid to participants$324,661
Plan auditUnmodified (clean) audit opinion
AuditorPSK LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$39,930
Total administrative$39,930
The Control Products Corporation 401(k) match · 2022
Employer contribution per active participant$653
Median for plans this size$1,114

Control Products Corporation's 2022 employer contribution ran below the $1,114 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 history1
2022$39,930 · 0.59%
Same employer
Similar plansManufacturing · Texas
Komico Technology Inc. TX$6.6M · 0.54%
Oil City Iron Works, Inc TX$6.2M · 0.70%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 751155935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.