Plan Ledger DOL Form 5500 · updated monthly

Custom Aluminum Products, Inc.401(k)

CUSTOM ALUMINUM PRODUCTS, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN · SOUTH ELGIN, IL · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Custom Aluminum Products, Inc. reported $62,381 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $1,175 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 rose from 0.40% to 0.45%. 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 Illinois (2,066th of 3,702), and 7,372nd of 13,661 in manufacturing. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,055,297
Participants with balances164
Active participants373
Employer contributions$438,222
Employee contributions$790,604
Employer contribution per active participant$1,175
Average account balance$85,703
Benefits paid to participants$2,035,370
Plan auditUnmodified (clean) audit opinion
AuditorFRANKEL, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 164 accts · $438K emplr
2023$13.5M · 173 accts · $398K emplr
2022$11.9M · 168 accts · $375K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,353
Investment management$10,028
Total administrative$62,381
The Custom Aluminum Products, Inc. 401(k) match · 2024
Employer contribution per active participant$1,175
Median for plans this size$2,416
2024$1,175 per active participant
2023$1,122 per active participant
2022$1,010 per active participant

Custom Aluminum Products, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
JULY BUSINESS SERVICES · Contract administrator · Recordkeeping$19,058
SAVANT WEALTH MANAGEMENT · Investment advisory (participants)$37,548

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

Recordkeeper by year2
2024July Business Services
2023July Business Services

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

Administrative cost history3
2024$62,381 · 0.45%
2023$58,583 · 0.46%
2022$53,599 · 0.40%
Same employer
Similar plansManufacturing · Illinois
Hubergroup USA, Inc. IL$14.1M · 0.53%
Nevco Sports, LLC IL$14.1M · 0.04%
Lewa, Inc. IL$14.1M · 0.29%
Batavia Container, Inc. IL$14.0M · 0.55%
Calumet Carton Company IL$14.0M · 0.46%
Kingery Printing Company IL$14.0M · 0.10%
Doumak, Inc. IL$14.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362581274 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.