Plan Ledger DOL Form 5500 · updated monthly

Chromalloy Corporation401(k)

SEQUA 401K PLAN · PALM BEACH GARDENS, FL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Chromalloy Corporation reported $536,004 in plan administrative expenses for 2024: 0.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,602 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 3 years on file its reported administrative ratio has held roughly steady near 0.170%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 119th-largest of 3,644 plans among Florida employers on file, and the 807th of 13,661 in manufacturing. In 2024, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$324,412,653
Participants with balances2,518
Active participants1,585
Employer contributions$5,709,070
Employee contributions$13,153,596
Employer contribution per active participant$3,602
Average account balance$128,837
Benefits paid to participants$42,296,081
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$324.4M · 2,518 accts · $5.7M emplr
2023$304.7M · 2,608 accts · $5.3M emplr
2022$271.5M · 2,458 accts · $7.6M emplr
The Chromalloy Corporation 401(k) match · 2024
Employer contribution per active participant$3,602
Median for plans this size$4,294
2024$3,602 per active participant
2023$3,091 per active participant
2022$4,804 per active participant

Chromalloy Corporation's 2024 employer contribution ran below the $4,294 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 · 20243
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$318,072
VANGUARD ADVISERS INC. · Investment advisory (participants)$145,322
CROWE LLP$38,776

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$536,004 · 0.17%
2023$331,427 · 0.12%
2022$620,200 · 0.17%
Same employer
Similar plansManufacturing · Florida
Cae USA, Inc. FL$655.8M · 0.11%
Primo Water Holdings Inc FL$371.6M · 0.15%
Conmed Corporation FL$341.8M · 0.08%
Masonite Corporation FL$324.4M · 0.13%
Bacardi U.S.A., Inc. FL$290.0M · 0.34%
Swbg, LLC FL$269.4M · 0.18%
Signode Industrial Group LLC FL$263.1M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131885030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.