Plan Ledger DOL Form 5500 · updated monthly

Creed 2.0, LLC401(k)

CREED 2.0 DBA CREED MONARCH 401(K) RETIREMENT SAVINGS PLAN · NEW BRITAIN, CT · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Creed 2.0, LLC reported $47,031 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,640 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 0.254%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Connecticut (572nd of 1,106), and the 6,124th of 13,661 in manufacturing. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has shrunk from 236 to 212 since 2022.

Plan summary
Net assets, end of year$18,952,861
Participants with balances232
Active participants212
Employer contributions$347,762
Employee contributions$607,023
Employer contribution per active participant$1,640
Average account balance$81,693
Benefits paid to participants$2,828,280
Plan auditUnmodified (clean) audit opinion
AuditorHARVEY & HOROWITZ, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 232 accts · $348K emplr
2023$18.1M · 232 accts · $345K emplr
2022$15.4M · 259 accts · $368K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,031
Total administrative$47,031
The Creed 2.0, LLC 401(k) match · 2024
Employer contribution per active participant$1,640
Median for plans this size$2,416
2024$1,640 per active participant
2023$1,673 per active participant
2022$1,557 per active participant

Creed 2.0, LLC'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
STANDARD RETIREMENT SERVICES · Claims processing · Recordkeeping$47,031

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$47,031 · 0.25%
2023$45,735 · 0.27%
2022$44,608 · 0.25%
Same employer
Similar plansManufacturing · Connecticut
Foster Corporation CT$20.2M · 0.04%
Mb Precision Holdings, Inc. CT$20.1M · 0.74%
Parfums de Coeur, LTD. CT$19.6M · 0.17%
Greenfield Global USA Inc. CT$19.5M · 0.17%
Virginia Industries, Inc. CT$18.8M · 0.45%
Aero Gear, Inc. CT$18.6M · 0.17%
Empire Industries, Inc. CT$18.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 881289100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.