Plan Ledger DOL Form 5500 · updated monthly

Cta Acoustics Inc.401(k)

CTA ACOUSTICS INC. EMPLOYEES SAVINGS AND INVESTMENT PLAN · CORBIN, KY · plan year 2023

Reported admin expense ratio · 2023
1.04%

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

Cta Acoustics Inc. reported $53,757 in plan administrative expenses for 2023: 1.04% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,477 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 2 years on file its reported administrative ratio has held roughly steady near 1.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kentucky (619th of 871), and 10,908th of 13,661 in manufacturing. In 2023, the employer put in $1.18 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,567,711
Participants with balances292
Active participants262
Employer contributions$387,085
Employee contributions$328,233
Employer contribution per active participant$1,477
Average account balance$19,068
Benefits paid to participants$658,269
Plan auditUnmodified (clean) audit opinion
Auditor415 GROUP INC
Plan history2
Yearassets · accounts · employer contribution
2023$5.6M · 292 accts · $387K emplr
2022$4.8M · 274 accts · $178K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$43,247
Investment management$10,510
Total administrative$53,757
The Cta Acoustics Inc. 401(k) match · 2023
Employer contribution per active participant$1,477
Median for plans this size$1,308
2023$1,477 per active participant
2022$631 per active participant

Cta Acoustics Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK · Recordkeeping · Loan processing$43,247
UBS FINANCIAL SERVICES, INC. · Investment advisory (plan)$10,510

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

Administrative cost history2
2023$53,757 · 1.04%
2022$61,746 · 1.09%
Similar plansManufacturing · Kentucky
Par 4 Plastics, Inc. KY$5.8M · 0.96%
Accumetric, LLC KY$5.6M · 0.27%
Summit Biosciences, Inc. KY$5.4M · 0.27%
Npr of America, Inc. KY$5.3M · 1.13%
Vivid Impact Company, LLC KY$5.2M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 134041106 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.