Plan Ledger DOL Form 5500 · updated monthly

Cadence Aerospace401(k)

CADENCE AEROSPACE 401(K) PLAN · ANAHEIM, CA · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Cadence Aerospace reported $15,039 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,936 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 0.00% to 0.03%. 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 1,440th-largest of 9,483 plans among California employers on file, and the 2,638th of 13,661 in manufacturing. In 2023, employees put in $2.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$64,202,621
Participants with balances1,080
Active participants735
Employer contributions$1,423,288
Employee contributions$4,239,774
Employer contribution per active participant$1,936
Average account balance$59,447
Benefits paid to participants$5,623,651
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.8M · 701 accts · $1.3M emplr
2023$64.2M · 1,080 accts · $1.4M emplr
2022$54.5M · 1,035 accts · $999K emplr
Administrative expenses, itemized · 2023
Investment management$87,371
Total administrative$15,039
The Cadence Aerospace 401(k) match · 2023
Employer contribution per active participant$1,936
Median for plans this size$3,659
2024$2,862 per active participant
2023$1,936 per active participant
2022$1,480 per active participant

Cadence Aerospace'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
PRECEPT ADVISORY GROUP · Investment advisory (plan)$69,455
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$17,916
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024Not separately reported
2023$15,039 · 0.03%
2022$2,806 · 0.00%
Similar plansManufacturing · California
Hydraflow CA$64.9M · 0.00%
Elma Electronic Inc. CA$64.5M · 0.18%
Mattson Technology, Inc. CA$64.3M · 0.15%
World Oil Corp CA$64.3M · 0.12%
Milestone Technologies, Inc CA$63.8M · 0.18%
John Paul Mitchell Systems CA$62.7M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271584529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.