Plan Ledger DOL Form 5500 · updated monthly

Custom Agri Systems, Inc.401(k)

CUSTOM AGRI SYSTEMS, INC. 401(K) · NAPOLEON, OH · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Custom Agri Systems, Inc. reported $53,598 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,378 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 0.74% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (1,833rd of 3,295), and 8,077th of 13,661 in manufacturing. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,838,599
Participants with balances240
Active participants228
Employer contributions$542,173
Employee contributions$1,014,083
Employer contribution per active participant$2,378
Average account balance$49,327
Benefits paid to participants$1,761,061
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAM VAUGHN COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 240 accts · $542K emplr
2023$10.7M · 256 accts · $488K emplr
2022$8.5M · 259 accts · $435K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,116
Investment management$31,024
Trustee / custodial$7,458
Total administrative$53,598
The Custom Agri Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$2,378
Median for plans this size$2,416
2024$2,378 per active participant
2023$2,281 per active participant
2022$2,033 per active participant

Custom Agri Systems, Inc.'s 2024 employer contribution ran below the $2,416 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$22,574
CAMBRIDGE INVESTMENT RESEARCH ADVIS · Investment advisory (plan) · Investment management$31,024

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$53,598 · 0.48%
2023$70,291 · 0.73%
2022$67,393 · 0.74%
Same employer
Similar plansManufacturing · Ohio
Enable Injections, Inc. OH$11.9M · 0.57%
Neograf Solutions, LLC OH$11.9M · 0.31%
Baesman Group, Inc. OH$11.9M · 0.18%
Tricor Industrial, Inc. OH$11.8M · 0.54%
Reading Rock, Inc. OH$11.8M · 0.35%
Aluchem, Inc. OH$11.8M · 0.32%
Graeter's Manufacturing Co. OH$11.7M · 0.32%
United Dairy, Inc. OH$11.7M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341387174 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.