Plan Ledger DOL Form 5500 · updated monthly

Craftsman Unity, LLC.401(k)

CRAFTSMAN UNITY 401(K) PLAN · ANAHEIM, CA · plan year 2022

Reported admin expense ratio · 2022
1.02%

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

Craftsman Unity, LLC. reported $3,979 in plan administrative expenses for 2022: 1.02% of average plan assets, above the peer median. Employer contributions averaged $134 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 1 year on file its reported administrative ratio rose from 1.02% to 3.69%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (9,120th of 9,483), and 13,494th of 13,661 in manufacturing. In 2022, employees put in $9.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$430,903
Participants with balances172
Active participants140
Employer contributions$18,703
Employee contributions$179,688
Employer contribution per active participant$134
Average account balance$2,505
Benefits paid to participants$46,112
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$382K · 74 accts · $11K emplr
2022$431K · 172 accts · $19K emplr
Administrative expenses, itemized · 2022
Investment management$3,729
Total administrative$3,979
The Craftsman Unity, LLC. 401(k) match · 2022
Employer contribution per active participant$134
Median for plans this size$331

Craftsman Unity, LLC.'s 2022 employer contribution ran below the $331 median for plans its size, in the bottom 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.

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 history2
2023$14,976 · 3.69%
2022$3,979 · 1.02%
Similar plansManufacturing · California
Nutrition Corp, Inc. CA$497K · 0.47%
Aluminum Technology Inc. CA$458K · 0.68%
Rogar Manufacturing Inc CA$400K · 0.01%
Holland Nut Company CA$350K · 1.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371904637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.