Plan Ledger DOL Form 5500 · updated monthly

Calmax Technology, Inc.401(k)

CALMAX TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN · SANTA CLARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Calmax Technology, Inc. reported $5,973 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,682 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 0.06% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,775th-largest of 9,483 plans among California employers on file, and the 6,119th of 13,661 in manufacturing. In 2024, employees put in $2.99 for every $1.00 the employer contributed; active participation has shrunk from 180 to 138 since 2022.

Plan summary
Net assets, end of year$18,967,075
Participants with balances178
Active participants138
Employer contributions$370,075
Employee contributions$1,107,076
Employer contribution per active participant$2,682
Average account balance$106,557
Benefits paid to participants$1,276,864
Plan auditUnmodified (clean) audit opinion
AuditorCRAWFORD PIMENTEL CORPORATION
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 178 accts · $370K emplr
2023$17.1M · 185 accts · $264K emplr
2022$15.0M · 224 accts · $563K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,973
Total administrative$5,973
The Calmax Technology, Inc. 401(k) match · 2024
Employer contribution per active participant$2,682
Median for plans this size$2,416
2024$2,682 per active participant
2023$1,887 per active participant
2022$3,127 per active participant

Calmax Technology, 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$5,973
NORTHWESTERN MUTUAL INVESTMENT SERV · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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
2024$5,973 · 0.03%
2023$8,801 · 0.05%
2022$8,655 · 0.06%
Same employer
Similar plansManufacturing · California
Express Manufacturing, Inc. CA$19.0M · 0.34%
Crenshaw Lumber Co., Inc. CA$18.9M · 0.48%
Betts Company CA$18.9M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770414998 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.