Plan Ledger DOL Form 5500 · updated monthly

Control Technologies, Inc.401(k)

CONTROL TECHNOLOGIES, INC. 401(K) PLAN · WILLISTON, VT · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Control Technologies, Inc. reported $7,259 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,545 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 0.08% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 79th-largest of 230 plans among Vermont employers on file, and the 1,762nd of 5,337 in construction. In 2024, employees put in $2.75 for every $1.00 the employer contributed; active participation has grown from 177 to 215 since 2022.

Plan summary
Net assets, end of year$24,539,739
Participants with balances302
Active participants215
Employer contributions$547,224
Employee contributions$1,505,597
Employer contribution per active participant$2,545
Average account balance$81,257
Benefits paid to participants$4,312,678
Plan auditUnmodified (clean) audit opinion
AuditorMCSOLEY MCCOY AND CO.
Plan history3
Yearassets · accounts · employer contribution
2024$24.5M · 302 accts · $547K emplr
2023$24.4M · 283 accts · $510K emplr
2022$22.1M · 257 accts · $422K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,306
Investment management$4,953
Total administrative$7,259
The Control Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$2,545
Median for plans this size$2,416
2024$2,545 per active participant
2023$2,267 per active participant
2022$2,384 per active participant

Control Technologies, Inc.'s 2024 employer contribution ran above 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,306

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

Administrative cost history3
2024$7,259 · 0.03%
2023$13,415 · 0.06%
2022$17,401 · 0.08%
Same employer
Similar plansConstruction · Vermont
PC Construction Company VT$149.6M · 0.09%
Engineers Construction, Inc VT$22.1M · 0.51%
Vhv Company VT$18.6M
D.E.W. Construction Corp. VT$18.5M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030306764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.