Plan Ledger DOL Form 5500 · updated monthly

Crenlo Cab Products401(k)

CRENLO RETIREMENT SAVINGS PLAN · ROCHESTER, MN · plan year 2022

Reported admin expense ratio · 2022
0.23%

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

Crenlo Cab Products reported $123,800 in plan administrative expenses for 2022: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,736 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 $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other manufacturing employers. By assets it is the 520th-largest of 1,918 plans among Minnesota employers on file, and the 3,309th of 13,661 in manufacturing. In 2022, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,792,504
Participants with balances1,425
Active participants1,246
Employer contributions$2,163,106
Employee contributions$4,379,918
Employer contribution per active participant$1,736
Average account balance$32,837
Benefits paid to participants$9,773,738
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $965K emplr
2022$46.8M · 1,425 accts · $2.2M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$108,027
Investment management$15,773
Total administrative$123,800
The Crenlo Cab Products 401(k) match · 2022
Employer contribution per active participant$1,736
Median for plans this size$3,449

Crenlo Cab Products's 2022 employer contribution ran below the $3,449 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
2023Not separately reported
2022$123,800 · 0.23%
Same employer
Similar plansManufacturing · Minnesota
Smyth Companies, LLC MN$51.0M · 0.25%
La Costena USA MN$50.2M · 0.39%
Alexandria Industries MN$47.8M · 0.27%
Bellisio Foods, Inc. MN$46.7M · 0.26%
Bongards' Creameries MN$44.9M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453183160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.