Plan Ledger DOL Form 5500 · updated monthly

Mansfield Plumbing Products LLC401(k)

CERAMICORP, INC. EMPLOYEE SAVINGS PLAN · PERRYSVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Mansfield Plumbing Products LLC reported $60,931 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,126 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 1.17% to 0.41%. 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 the 1,521st-largest of 3,295 plans among Ohio employers on file, and the 6,701st of 13,661 in manufacturing. In 2024, employees put in $3.99 for every $1.00 the employer contributed; active participation has shrunk from 190 to 71 since 2022.

Plan summary
Net assets, end of year$16,409,411
Participants with balances153
Active participants71
Employer contributions$79,916
Employee contributions$318,975
Employer contribution per active participant$1,126
Average account balance$107,251
Benefits paid to participants$3,278,844
Plan auditUnmodified (clean) audit opinion
AuditorMALONEY AND NOVOTNY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.4M · 153 accts · $80K emplr
2023$13.3M · 121 accts · $115K emplr
2022$13.2M · 36 accts · $143K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,130
Investment management$22,801
Total administrative$60,931
The Mansfield Plumbing Products LLC 401(k) match · 2024
Employer contribution per active participant$1,126
Median for plans this size$2,416
2024$1,126 per active participant
2023$1,183 per active participant
2022$751 per active participant

Mansfield Plumbing Products LLC'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
JOHN HANCOCK RETIREMENT PLAN SVCS. · Recordkeeping · Loan processing$39,933
MORGAN STANLEY · Investment advisory (plan)$20,997

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$60,931 · 0.41%
2023$154,237 · 1.16%
2022$168,138 · 1.17%
All plans at this employer2
MANSFIELD PLUMBING PRODUCTS LLC EMPLOYEE SAVINGS PLAN FOR OHIO HOURLY EMPLOYEES401(k)
CERAMICORP, INC. EMPLOYEE SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Ohio
Feldkamp Enterprises, Inc. OH$17.2M · 0.33%
Delta Systems, Inc. OH$17.1M · 0.46%
Braun Industries, Inc. OH$16.9M · 0.70%
Dinesol Plastics, Inc. OH$16.3M · 0.56%
Astro Shapes LLC OH$16.3M · 0.18%
Pacific Industries USA OH$16.3M · 0.77%
Lewco, Inc. OH$16.3M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311739929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.