Plan Ledger DOL Form 5500 · updated monthly

The Cleaver-Brooks Company, Inc.401(k)

CLEAVER-BROOKS INC. RETIREMENT AND SAVINGS PLAN · THOMASVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

The Cleaver-Brooks Company, Inc. reported $37,888 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,927 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 0.01% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 260th-largest of 2,160 plans among Georgia employers on file, and the 1,759th of 13,661 in manufacturing. In 2024, employees put in $2.58 for every $1.00 the employer contributed; active participation has grown from 841 to 937 since 2022.

Plan summary
Net assets, end of year$111,600,952
Participants with balances1,153
Active participants937
Employer contributions$2,743,009
Employee contributions$7,067,963
Employer contribution per active participant$2,927
Average account balance$96,792
Benefits paid to participants$18,017,635
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$111.6M · 1,153 accts · $2.7M emplr
2023$103.0M · 1,192 accts · $2.5M emplr
2022$90.1M · 1,042 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Investment management$52,397
Total administrative$37,888
The The Cleaver-Brooks Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,927
Median for plans this size$3,635
2024$2,927 per active participant
2023$2,570 per active participant
2022$2,349 per active participant

The Cleaver-Brooks Company, Inc.'s 2024 employer contribution ran below the $3,635 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$27,397
FIDUCIENT ADVISORS, LLC · Investment advisory (plan)$25,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024$37,888 · 0.04%
2023$13,957 · 0.01%
2022$10,800 · 0.01%
Same employer
Similar plansManufacturing · Georgia
Hoshizaki USA Holdings, Inc. GA$117.0M · 0.16%
Blue Bird Voluntary Money GA$115.5M · 0.08%
Roper Corporation GA$107.9M · 0.05%
W.C. Bradley Co. GA$106.3M · 0.32%
Carestream Dental LLC GA$103.6M · 0.08%
Wika Holding LP GA$102.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 872266456 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.