Plan Ledger DOL Form 5500 · updated monthly

Cambium Business Group, Inc. dba Fairmont Designs401(k)

FAIRMONT DESIGNS RETIREMENT PLAN · BUENA PARK, CA · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Cambium Business Group, Inc. dba Fairmont Designs reported $2,414 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,562 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 rose from 0.04% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (6,765th of 9,483), and 3,543rd of 4,246 in wholesale trade. In 2023, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,737,798
Participants with balances215
Active participants50
Employer contributions$128,110
Employee contributions$241,271
Employer contribution per active participant$2,562
Average account balance$26,687
Benefits paid to participants$920,536
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 177 accts · $144K emplr
2023$5.7M · 215 accts · $128K emplr
2022$5.5M · 205 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,414
Total administrative$2,414
The Cambium Business Group, Inc. dba Fairmont Designs 401(k) match · 2023
Employer contribution per active participant$2,562
Median for plans this size$1,308
2024$4,127 per active participant
2023$2,562 per active participant

Cambium Business Group, Inc. dba Fairmont Designs's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$2,414

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$3,199 · 0.06%
2023$2,414 · 0.04%
2022$2,219 · 0.04%
Similar plansWholesale Trade · California
All-Tex, Inc. CA$6.0M · 0.33%
Hyper Ice, Inc. CA$5.9M · 0.04%
Sgii, Inc. CA$5.8M · 0.45%
S.J. Distributors, LLC CA$5.7M · 0.08%
88 International, Inc. CA$5.7M · 0.12%
Wang Globalnet CA$5.6M · 0.25%
Green Planet 21, Inc. CA$5.6M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942930113 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.