Central Processing Corp. 401(k) Review & Grade
Central Processing Corp. Retirement Plan
Marathon, WIManufacturing1,524 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,788Employer $ per active participant
$3,726Employee $ saved per active participant
0.41%Direct admin cost, % of plan assets
$92.6MNet plan assets, end of year
$60,704Average balance per account
Score breakdown
- Employer generosity18.8 / 5038th percentile for employer $ per participant
- Low cost7.4 / 2530th percentile for low admin cost vs. same-size plans
- Employee saving4.9 / 1533th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score41 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 38th |
| Lower admin cost | 30th |
| Employee saving | 33th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Central Processing put in about $1,788 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.41% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,725,083 |
| Participant (employee) contributions | $5,680,256 |
| Other contributions (incl. rollovers in) | $800,983 |
| Administrative expenses paid from the plan | $356,954 |
| Contract administrator fees | $227,585 |
| Investment advisory & management fees | $129,369 |
| Benefits paid out | $8,957,564 |
| Net assets, start / end of year | $81.6M / $92.6M |
| Active participants, start / end of year | 1,480 / 1,569 |
| Participants with account balances | 1,525 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Wipfli LLP |
Largest service providers (Schedule C)
| Edward D. Jones & Co., L.P. | $112,120 reported compensation |
| Wilshire Associates Inc | $17,250 reported compensation |
| John Hancock Life Insurance Company | $6,016 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250929112711NAL0011247921001, received 2025-09-29, EIN 59-3626633, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.