Plan Ledger DOL Form 5500 · updated monthly

Custom Engineered Wheels, Inc.401(k)

CUSTOM ENGINEERED WHEELS, INC. 401(K) PROFIT SHARING PLAN · BALDWYN, MS · plan year 2023

Reported admin expense ratio · 2023
0.56%

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

Custom Engineered Wheels, Inc. reported $14,097 in plan administrative expenses for 2023: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,222 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 1 year on file its reported administrative ratio fell from 0.59% to 0.56%. 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 Mississippi (299th of 367), and 12,526th of 13,661 in manufacturing. In 2023, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,557,970
Participants with balances67
Active participants46
Employer contributions$56,196
Employee contributions$135,442
Employer contribution per active participant$1,222
Average account balance$38,179
Benefits paid to participants$605,358
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history2
Yearassets · accounts · employer contribution
2023$2.6M · 67 accts · $56K emplr
2022$2.5M · 116 accts · $119K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,097
Total administrative$14,097
The Custom Engineered Wheels, Inc. 401(k) match · 2023
Employer contribution per active participant$1,222
Median for plans this size$1,308
2023$1,222 per active participant
2022$1,362 per active participant

Custom Engineered Wheels, Inc.'s 2023 employer contribution ran below 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
FUTUREPLAN (ASCENSUS) · Recordkeeping · Consulting$13,662
LAKE CITY BANK · Trustee · Investment advisory (participants)$5,810

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$14,097 · 0.56%
2022$15,916 · 0.59%
Similar plansManufacturing · Mississippi
Behold Washington MS$2.7M · 0.30%
The Essmueller Company MS$2.7M · 0.91%
Hankins Lumber Co. Inc. MS$2.5M · 0.79%
Mississippi Silicon LLC MS$2.5M · 0.17%
C & W Embroidery, Inc. MS$2.4M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271018575 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.