Plan Ledger DOL Form 5500 · updated monthly

Torque 2020 Cma Acquisition LLC dba Cablecraft Motion Controls401(k)

THE CABLECRAFT RETIREMENT SAVINGS PLAN · BOLIVAR, OH · plan year 2023

Reported admin expense ratio · 2023
0.37%

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

Torque 2020 Cma Acquisition LLC dba Cablecraft Motion Controls reported $36,521 in plan administrative expenses for 2023: 0.37% of average plan assets, below the peer median. Employer contributions averaged $760 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 has held roughly steady near 0.38%. 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 Ohio (1,975th of 3,295), and 8,700th of 13,661 in manufacturing. In 2023, employees put in $3.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,178,537
Participants with balances176
Active participants210
Employer contributions$159,547
Employee contributions$515,635
Employer contribution per active participant$760
Average account balance$57,833
Benefits paid to participants$1,566,808
Plan auditUnmodified (clean) audit opinion
Auditor415 GROUP
Plan history2
Yearassets · accounts · employer contribution
2024$9.4M · 222 accts · $215K emplr
2023$10.2M · 176 accts · $160K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$36,521
Total administrative$36,521
The Torque 2020 Cma Acquisition LLC dba Cablecraft Motion Controls 401(k) match · 2023
Employer contribution per active participant$760
Median for plans this size$1,308
2024$876 per active participant
2023$760 per active participant

Torque 2020 Cma Acquisition LLC dba Cablecraft Motion Controls'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 · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$37,401
CBIZ BENEFITS & INSURANCE SERVICES · Contract administrator · Other services$1,150
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$37,296 · 0.38%
2023$36,521 · 0.37%
Similar plansManufacturing · Ohio
Tfo Tech Company LTD. OH$10.2M · 0.21%
Canton Drop Forge, Inc. OH$10.2M · 0.03%
Hirschvogel, Inc. OH$10.2M · 0.72%
Hf Group LLC OH$10.1M · 0.34%
West-Camp Press, Inc. OH$10.0M · 0.01%
Graphel Corporation OH$10.0M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 862249043 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.