Plan Ledger DOL Form 5500 · updated monthly

Calabrio, Inc.401(k)

CALABRIO, INC. RETIREMENT PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Calabrio, Inc. reported $150,973 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $3,731 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 2 years on file its reported administrative ratio fell from 0.44% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 588th-largest of 1,918 plans among Minnesota employers on file, and the 3,420th of 11,654 in professional & technical services. In 2024, employees put in $3.04 for every $1.00 the employer contributed; active participation has shrunk from 418 to 310 since 2022.

Plan summary
Net assets, end of year$38,375,257
Participants with balances501
Active participants310
Employer contributions$1,156,731
Employee contributions$3,521,345
Employer contribution per active participant$3,731
Average account balance$76,597
Benefits paid to participants$6,680,656
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.4M · 501 accts · $1.2M emplr
2023$34.6M · 525 accts · $1.3M emplr
2022$28.6M · 570 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,826
Investment management$81,147
Total administrative$150,973
The Calabrio, Inc. 401(k) match · 2024
Employer contribution per active participant$3,731
Median for plans this size$2,416
2024$3,731 per active participant
2023$3,856 per active participant
2022$3,519 per active participant

Calabrio, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
RBC CAPITAL MARKETS LLC · Investment advisory (plan)$67,990
EMPOWER ADVISORY GROUP, LLC · Investment management$13,157

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

Administrative cost history3
2024$150,973 · 0.41%
2023$137,039 · 0.43%
2022$132,484 · 0.44%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Kfi Engineers, PC MN$43.5M · 0.21%
Sierra Bravo Corporation MN$41.2M · 0.16%
The Rfa Group, Inc. MN$39.9M · 0.28%
Larson Engineering, Inc. MN$36.4M · 0.25%
Abdo, LLP MN$35.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260874583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.