Plan Ledger DOL Form 5500 · updated monthly

Crestek, Inc and Subsidiaries Fka Crest Ultrasonics401(k)

CRESTEK DEFERRED SAVINGS PLAN FKA CREST/ UTHE DEFERRED SAVINGS PLAN · EWING, NJ · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Crestek, Inc and Subsidiaries Fka Crest Ultrasonics reported $41,728 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $1,223 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 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,655th of 2,419), and 9,617th of 13,661 in manufacturing. In 2024, employees put in $2.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,111,636
Participants with balances97
Active participants122
Employer contributions$149,265
Employee contributions$411,322
Employer contribution per active participant$1,223
Average account balance$83,625
Benefits paid to participants$980,665
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 97 accts · $149K emplr
2023$7.4M · 103 accts · $131K emplr
2022$5.8M · 105 accts · $121K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,106
Investment management$36,622
Total administrative$41,728
The Crestek, Inc and Subsidiaries Fka Crest Ultrasonics 401(k) match · 2024
Employer contribution per active participant$1,223
Median for plans this size$1,313
2024$1,223 per active participant
2023$1,068 per active participant
2022$933 per active participant

Crestek, Inc and Subsidiaries Fka Crest Ultrasonics's 2024 employer contribution ran below the $1,313 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$5,106
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$36,622

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$41,728 · 0.54%
2023$33,109 · 0.50%
2022$34,751 · 0.56%
Similar plansManufacturing · New Jersey
Damascus Bakery Opco, LLC NJ$8.4M · 0.71%
American Spraytech NJ$8.3M · 0.17%
Acrison Inc. NJ$8.1M · 0.00%
L'Oreal Caribe, Inc. NJ$8.1M · 0.06%
Dicar, Inc. NJ$7.8M · 0.60%
Elements Chromium Inc NJ$7.8M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210730859 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.