Employers › Cannon Automotive Solutions - Bowling Green
Recordkeeping fees per participant · Cannon BG 401(k) Plan · plan year 2024
$19.57
Higher than 20% of the 7,477 plans $1 to 10M that report it.
= $2,897 / 148
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013172542NAL0001667137001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013172542NAL0001667137001, received 2025-10-13
Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-13.
Administrative expenses excluding investment management, per participant
$28.03
Higher than 21% of the 14,713 plans $1 to 10M that report it.
= $4,148 / 148
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013172542NAL0001667137001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013172542NAL0001667137001, received 2025-10-13
Administrative expenses per participant
$33.74
Higher than 16% of the 15,210 plans $1 to 10M that report it.
= $4,993 / 148
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013172542NAL0001667137001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013172542NAL0001667137001, received 2025-10-13
Administrative expenses as a share of assets
0.155%
Higher than 20% of the 15,243 plans $1 to 10M that report it.
= $4,993 / $3,218,536
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013172542NAL0001667137001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013172542NAL0001667137001, received 2025-10-13
Employer contributions per participant
$1,860
Higher than 69% of the 13,342 plans $1 to 10M that report it.
= $275,280 / 148
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013172542NAL0001667137001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013172542NAL0001667137001, received 2025-10-13
Employer share of total contributions
30.0%
Higher than 54% of the 13,370 plans $1 to 10M that report it.
= $275,280 / $918,920
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013172542NAL0001667137001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013172542NAL0001667137001, received 2025-10-13
95.8% of this plan's assets are held in a master trust. The trust's own filing was not found in the data, so its costs cannot be shown. Benchmarks and percentiles use the plan's own Schedule H only.
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251013172542NAL0001667137001, received 2025-10-13
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CANNON AUTOMOTIVE SOLUTIONS - BOWLING GREEN INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Plan name | CANNON BG 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Sponsor EIN / plan number | 26-0766559 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Sponsor location | BOWLING GREEN, KY | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Industry (business code) | 336300, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Filing received | 2025-10-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Participants, beginning of year | 239 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Active participants | 169 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Participants, end of year | 195 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Participants with an account balance | 148 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Total assets, beginning of year | $2,661,978 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Total assets, end of year | $3,218,536 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Net assets, end of year | $3,218,536 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Total income | $1,264,440 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Net income | $556,558 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Employer contributions | $275,280 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Participant contributions | $577,763 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Other contributions (incl. rollovers) | $65,877 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Total contributions | $918,920 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Benefit payments | $696,554 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Total expenses (incl. benefit payments) | $707,882 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Total administrative expenses | $4,993 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Recordkeeping fees | $2,897 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| IQPA audit fees | $850 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Investment advisory and management fees | $845 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Administrative expenses excluding investment management | $4,148 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Held in master trusts | $3,082,768 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251013172542NAL0001667137001, received 2025-10-13 |
| Independent auditor | MEADEN & MOORE, LTD. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251013172542NAL0001667137001, received 2025-10-13 |
Position = column in the DOL layout for form year 2024. Filing 20251013172542NAL0001667137001, received 2025-10-13.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INV INST OPERATIONS LLCrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees | $2,697 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251013172542NAL0001667137001, received 2025-10-13.
CLEVELAND-CLIFFS INC. DC PLAN MT (EIN 341935031, PN 001): plan interest $3,082,768, 0.1% of the trust. The trust's own filing (20251013172543NAL0001667249005, received 2025-10-13) reports net assets $4,659,686,901, administrative expenses not reported, recordkeeping fees not reported, investment management fees not reported and 0 Schedule C providers.
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $2,661,978 | $3,218,536 | 20.9% |
| Participants with a balance | 172 | 148 | -14.0% |
| Administrative expenses | $4,094 | $4,993 | 22.0% |
| Recordkeeping fees per participant | $21.15 | $19.57 | -7.4% |
| Employer contributions | $261,912 | $275,280 | 5.1% |
Prior filing 20241009112006NAL0010560595002, received 2024-10-09; the plan years are contiguous.
Sponsor name as filed: CANNON AUTOMOTIVE SOLUTIONS - BOWLING GREEN INC.; SEC registrant: Cannon Automotive Solutions - Bowling Green, Inc. (CIK 1850366, matched by EIN).