Plan Ledger DOL Form 5500 · updated monthly

Carlsbad Technology, Inc401(k)

CARLSBAD TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN · CARLSBAD, CA · plan year 2023

Reported admin expense ratio · 2023
0.65%

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

Carlsbad Technology, Inc reported $27,473 in plan administrative expenses for 2023: 0.65% of average plan assets, above the peer median. Employer contributions averaged $980 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 0.19% to 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,261st of 9,483), and 11,567th of 13,661 in manufacturing. In 2023, employees put in $4.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,318,577
Participants with balances96
Active participants77
Employer contributions$75,447
Employee contributions$357,234
Employer contribution per active participant$980
Average account balance$44,985
Benefits paid to participants$858,887
Plan auditUnmodified (clean) audit opinion
AuditorVAIL & PARK, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$4.3M · 96 accts · $75K emplr
2022$4.2M · 104 accts · $68K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,660
Investment management$10,813
Total administrative$27,473
The Carlsbad Technology, Inc 401(k) match · 2023
Employer contribution per active participant$980
Median for plans this size$1,308
2023$980 per active participant
2022$877 per active participant

Carlsbad Technology, Inc's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ADP, INC. · Loan processing · Recordkeeping$16,659
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$10,813
ADP BROKER-DEALERindirect comp

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

Administrative cost history2
2023$27,473 · 0.65%
2022$8,305 · 0.19%
Similar plansManufacturing · California
Paige LLC CA$4.3M · 0.03%
Thirdlove, Inc. CA$4.3M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330441961 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.