Plan Ledger DOL Form 5500 · updated monthly

Craftsmen Industries, Inc.401(k)

CRAFTSMEN INDUSTRIES, INC. 401(K) PLAN · ST. CHARLES, MO · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Craftsmen Industries, Inc. reported $59,073 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $2,278 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 0.394%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 682nd-largest of 1,393 plans among Missouri employers on file, and the 1,249th of 3,341 in other services. In 2024, employees put in $1.52 for every $1.00 the employer contributed; active participation has grown from 168 to 191 since 2022.

Plan summary
Net assets, end of year$15,759,486
Participants with balances236
Active participants191
Employer contributions$435,062
Employee contributions$659,821
Employer contribution per active participant$2,278
Average account balance$66,777
Benefits paid to participants$1,977,840
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 236 accts · $435K emplr
2023$14.2M · 247 accts · $396K emplr
2022$13.0M · 224 accts · $350K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,930
Investment management$2,158
Trustee / custodial$46,985
Total administrative$59,073
The Craftsmen Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$2,278
Median for plans this size$2,416
2024$2,278 per active participant
2023$2,044 per active participant
2022$2,083 per active participant

Craftsmen Industries, Inc.'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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee (directed)$56,915

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$59,073 · 0.39%
2023$57,157 · 0.42%
2022$57,294 · 0.39%
Same employer
Similar plansOther Services · Missouri
Anacomp, Inc. MO$20.5M · 0.37%
Family Care Health Centers MO$17.6M · 0.01%
Children International MO$15.3M · 0.47%
The Arc of the Ozarks MO$13.0M · 0.02%
Eastern Airlines LLC MO$10.0M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431248993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.