Plan Ledger DOL Form 5500 · updated monthly

Crane Carrier Company, LLC401(k)

CRANE CARRIER COMPANY 401(K) PLAN · NEW PHILADELPHIA, OH · plan year 2022

Reported admin expense ratio · 2022
0.34%

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

Crane Carrier Company, LLC reported $20,125 in plan administrative expenses for 2022: 0.34% of average plan assets, below the peer median. Employer contributions averaged $758 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 Ohio (2,435th of 3,295), and 10,744th of 13,661 in manufacturing. In 2022, employees put in $3.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,892,824
Participants with balances308
Active participants367
Employer contributions$278,144
Employee contributions$1,020,587
Employer contribution per active participant$758
Average account balance$19,133
Benefits paid to participants$432,113
Plan auditUnmodified (clean) audit opinion
The Crane Carrier Company, LLC 401(k) match · 2022
Employer contribution per active participant$758
Median for plans this size$1,114

Crane Carrier Company, LLC'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$20,125 · 0.34%
Similar plansManufacturing · Ohio
Ken Forging, Inc. OH$5.9M · 0.06%
Agrinomix, LLC OH$5.8M · 0.63%
Select Industries Corp. OH$5.7M · 0.48%
Cutting Dynamics, Inc. OH$5.6M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204078168 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.