Plan Ledger DOL Form 5500 · updated monthly

Whitcraft LLC401(k)

WHITCRAFT LLC 401(K) PLAN · EASTFORD, CT · plan year 2023

Reported admin expense ratio · 2023
0.21%

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

Whitcraft LLC reported $148,660 in plan administrative expenses for 2023: 0.21% of average plan assets, above the peer median. Employer contributions averaged $1,225 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 1 year on file its reported administrative ratio rose from 0.20% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 234th-largest of 1,106 plans among Connecticut employers on file, and the 2,327th of 13,661 in manufacturing. In 2023, employees put in $2.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$75,442,435
Participants with balances1,365
Active participants1,691
Employer contributions$2,070,748
Employee contributions$6,186,026
Employer contribution per active participant$1,225
Average account balance$55,269
Benefits paid to participants$8,148,866
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history2
Yearassets · accounts · employer contribution
2023$75.4M · 1,365 accts · $2.1M emplr
2022$64.4M · 1,318 accts · $1.9M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$81,679
Investment management$52,887
Audit (IQPA)$14,094
Total administrative$148,660
The Whitcraft LLC 401(k) match · 2023
Employer contribution per active participant$1,225
Median for plans this size$3,659
2023$1,225 per active participant
2022$1,748 per active participant

Whitcraft LLC's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$81,679
RBC WEALTH MANAGEMENT · Investment advisory (plan)$52,887
UHY LLP · Accounting / audit$14,094

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

Administrative cost history2
2023$148,660 · 0.21%
2022$141,763 · 0.20%
Same employer
Similar plansManufacturing · Connecticut
Orafol Americas Inc. CT$88.9M · 0.07%
Fuelcell Energy, Inc. CT$84.4M · 0.09%
The Siemon Company CT$82.3M · 0.03%
Ashcroft Inc. CT$75.4M · 0.03%
R.C. Bigelow, Inc. CT$74.6M · 0.02%
Ebm-Papst Inc. CT$71.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061517370 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.