Plan Ledger DOL Form 5500 · updated monthly

C.A.P. Government, Inc.401(k)

CAP GOVERNMENT RETIREMENT PLAN · CORAL GABLES, FL · plan year 2022

Reported admin expense ratio · 2022
0.58%

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

C.A.P. Government, Inc. reported $50,099 in plan administrative expenses for 2022: 0.58% of average plan assets, above the peer median. Employer contributions averaged $2,607 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (2,056th of 3,644), and 8,771st of 11,654 in professional & technical services. In 2022, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,746,535
Participants with balances177
Active participants236
Employer contributions$615,275
Employee contributions$930,513
Employer contribution per active participant$2,607
Average account balance$43,766
Benefits paid to participants$2,136,015
Plan auditUnmodified (clean) audit opinion
AuditorLERROSARBEY, PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$7.7M · 177 accts · $615K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$50,099
Total administrative$50,099
The C.A.P. Government, Inc. 401(k) match · 2022
Employer contribution per active participant$2,607
Median for plans this size$1,114

C.A.P. Government, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$50,099 · 0.58%
Similar plansProfessional & Technical Services · Florida
Forcura, LLC FL$7.6M · 0.09%
Nationsbenefits LLC FL$7.6M · 1.31%
Chetu, Inc. FL$7.4M · 0.49%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 650121594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.