Plan Ledger DOL Form 5500 · updated monthly

Cavco Industries, Inc.401(k)

CAVCO INDUSTRIES, INC. 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Cavco Industries, Inc. reported $437,676 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $472 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 0.37% to 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 78th-largest of 1,285 plans among Arizona employers on file, and the 1,242nd of 13,661 in manufacturing. In 2024, employees put in $6.60 for every $1.00 the employer contributed; active participation has grown from 4,699 to 5,701 since 2022.

Plan summary
Net assets, end of year$181,821,664
Participants with balances7,172
Active participants5,701
Employer contributions$2,689,426
Employee contributions$17,742,419
Employer contribution per active participant$472
Average account balance$25,352
Benefits paid to participants$20,972,654
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$181.8M · 7,172 accts · $2.7M emplr
2023$139.5M · 7,618 accts · $3.1M emplr
2022$115.8M · 6,516 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$277,960
Investment management$159,716
Total administrative$437,676
The Cavco Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$472
Median for plans this size$3,635
2024$472 per active participant
2023$664 per active participant
2022$251 per active participant

Cavco Industries, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$125,717
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$33,999

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$437,676 · 0.27%
2023$560,870 · 0.44%
2022$455,584 · 0.37%
Same employer
Similar plansManufacturing · Arizona
Axon Enterprise, Inc. AZ$228.6M · 0.25%
Mitel (Delaware), Inc. AZ$227.8M · 0.11%
Amkor Technology, Inc. AZ$222.9M · 0.06%
Bar-S Foods Co. AZ$211.8M · 0.24%
Asm America, Inc. AZ$180.5M · 0.09%
Sunstate Equipment Co., LLC AZ$164.0M · 0.19%
Sumco Phoenix Corporation AZ$160.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562405642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.