Plan Ledger DOL Form 5500 · updated monthly

Cansortium Holdings, LLC401(k)

CANSORTIUM HOLDINGS 401(K) PLAN · MIAMI, FL · plan year 2022

Reported admin expense ratio · 2022
1.16%

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

Cansortium Holdings, LLC reported $6,638 in plan administrative expenses for 2022: 1.16% of average plan assets, above the peer median. Employer contributions averaged $394 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 1.82% to 1.16%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (3,448th of 3,644), and 13,394th of 13,661 in manufacturing. In 2022, the employer put in $1.01 for every $1.00 employees contributed themselves; active participation has grown from 234 to 377 since 2020.

Plan summary
Net assets, end of year$682,063
Participants with balances104
Active participants377
Employer contributions$148,380
Employee contributions$147,236
Employer contribution per active participant$394
Average account balance$6,558
Benefits paid to participants$44,855
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2023$0 · $151K emplr
2022$682K · 104 accts · $148K emplr
2021$463K · 114 accts · $89K emplr
2020$165K · 102 accts · $23K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,127
Investment management$1,981
Professional / advisory$1,530
Total administrative$6,638
The Cansortium Holdings, LLC 401(k) match · 2022
Employer contribution per active participant$394
Median for plans this size$331
2022$394 per active participant
2021$341 per active participant
2020$97 per active participant

Cansortium Holdings, LLC's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2023Not separately reported
2022$6,638 · 1.16%
2021$4,214 · 1.34%
2020$3,005 · 1.82%
Similar plansManufacturing · Florida
Wps Group, LLC FL$913K · 0.51%
Cross City Lumber FL$855K · 0.09%
Sleep International, LLC FL$425K · 1.12%
McArthur Next, LLC FL$417K · 6.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811431889 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.