Plan Ledger DOL Form 5500 · updated monthly

Curtis Products, Inc.401(k)

CURTIS PRODUCTS, INC. 401(K) PLAN · SOUTH BEND, IN · plan year 2023

Reported admin expense ratio · 2023
1.54%

Curtis Products, Inc. reported $40,709 in plan administrative expenses for 2023: 1.54% of average plan assets, higher than ~90% of peers. 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 1.45% to 1.31%. 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 Indiana (1,337th of 1,562), and 12,359th of 13,661 in manufacturing. active participation has shrunk from 139 to 109 since 2022.

Plan summary
Net assets, end of year$2,859,915
Participants with balances107
Active participants109
Employer contributions—
Employee contributions$115,702
Employer contribution per active participant—
Average account balance$26,728
Benefits paid to participants$202,099
Plan auditUnmodified (clean) audit opinion
AuditorKRUGGEL LAWTON & CO., LLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 78 accts
2023$2.9M · 107 accts
2022$2.4M · 126 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,543
Audit (IQPA)$12,000
Trustee / custodial$13,166
Total administrative$40,709
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
1ST SOURCE BANK · Recordkeeping · Consulting$28,709
KRUGGEL LAWTON & CO., LLC · Accounting / audit$12,000

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

Recordkeeper by year2
20241ST SOURCE BANK
20231ST SOURCE BANK

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

Administrative cost history3
2024$37,033 · 1.31%
2023$40,709 · 1.54%
2022$36,493 · 1.45%
Same employer
Similar plansManufacturing · Indiana
Miller Veneers, Inc. IN$3.0M · 0.55%
Ahf Industries, Inc IN$2.9M · 0.79%
E.M.F. Corporation IN$2.9M · 0.40%
Pdf Inc. IN$2.8M · 1.20%
Arcamed, LLC IN$2.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351040300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.