Plan Ledger DOL Form 5500 · updated monthly

Cv IndustriesESOP

CV INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · VALDESE, NC · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

Cv Industries reported $552 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,950 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 397th-largest of 2,005 plans among North Carolina employers on file, and the 3,323rd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$46,526,355
Participants with balances1,080
Active participants487
Employer contributions$2,410,625
Employee contributions—
Employer contribution per active participant$4,950
Average account balance$43,080
Benefits paid to participants$2,592,907
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.0M · 1,014 accts · $2.4M emplr
2023$46.5M · 1,080 accts · $2.4M emplr
2022$38.9M · 1,156 accts · $2.5M emplr
Employer contributions to the Cv Industries plan · 2023
Employer contribution per active participant$4,950
Median for plans this size$2,440
2024$4,848 per active participant
2023$4,950 per active participant
2022$4,872 per active participant

Cv Industries's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$552 · 0.00%
2022Not separately reported
All plans at this employer2
CV INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
CV INDUSTRIES 401K PLAN401(k)
Same employer
Similar plansManufacturing · North Carolina
Armacell, LLC NC$49.6M · 0.30%
Ngk Ceramics USA, Inc. NC$48.9M · 0.17%
Porvair Corporation NC$48.3M · 0.25%
Sherrill Furniture Company NC$47.5M · 0.31%
Syntha Group, Inc. NC$46.2M · 0.19%
Nederman Holding USA, Inc. NC$45.8M · 0.22%
Stallergenes Greer NC$44.9M · 0.13%
Culp Inc NC$44.7M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561043374 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.