Plan Ledger DOL Form 5500 · updated monthly

Ctb, Inc.401(k)

CTB, INC. PROFIT SHARING PLAN · MILFORD, IN · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Ctb, Inc. reported $114,322 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,137 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 fell from 0.09% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 97th-largest of 1,562 plans among Indiana employers on file, and the 1,361st of 13,661 in manufacturing. In 2024, employees put in $1.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$159,276,880
Participants with balances1,362
Active participants1,175
Employer contributions$4,860,602
Employee contributions$6,375,500
Employer contribution per active participant$4,137
Average account balance$116,943
Benefits paid to participants$18,260,073
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$159.3M · 1,362 accts · $4.9M emplr
2023$148.0M · 1,333 accts · $4.3M emplr
2022$132.6M · 1,329 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$114,322
Total administrative$114,322
The Ctb, Inc. 401(k) match · 2024
Employer contribution per active participant$4,137
Median for plans this size$3,635
2024$4,137 per active participant
2023$4,050 per active participant
2022$3,669 per active participant

Ctb, Inc.'s 2024 employer contribution ran above the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$114,322

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

Administrative cost history3
2024$114,322 · 0.07%
2023$124,014 · 0.09%
2022$133,268 · 0.09%
Same employer
Similar plansManufacturing · Indiana
Ford Meter Box Company, Inc. IN$170.5M · 0.09%
Red Gold, Inc. IN$162.4M · 0.14%
Endress+Hauser Inc. IN$159.5M · 0.03%
Patrick Industries, Inc. IN$157.0M · 0.39%
Dexter Axle Company IN$156.8M · 0.14%
Kimball Electronics, Inc. IN$154.0M · 0.08%
Major Tool & Machine, Inc. IN$151.9M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351970753 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.