Plan Ledger DOL Form 5500 · updated monthly

Cda Incorporated401(k)

CDA DBA MAXSENT 401(K) PLAN · ANNAPOLIS, MD · plan year 2024

Reported admin expense ratio · 2024
1.12%

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

Cda Incorporated reported $69,056 in plan administrative expenses for 2024: 1.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $660 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 1.05% to 1.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (1,126th of 1,671), and 3,511th of 5,337 in construction. In 2024, employees put in $1.07 for every $1.00 the employer contributed; active participation has grown from 804 to 1,177 since 2022.

Plan summary
Net assets, end of year$7,340,841
Participants with balances596
Active participants1,177
Employer contributions$776,505
Employee contributions$829,102
Employer contribution per active participant$660
Average account balance$12,317
Benefits paid to participants$668,929
Plan auditUnmodified (clean) audit opinion
AuditorBARNETT-BARNETT ASSOCIATES, CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 596 accts · $777K emplr
2023$5.0M · 405 accts · $241K emplr
2022$4.6M · 325 accts · $314K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,056
Total administrative$69,056
The Cda Incorporated 401(k) match · 2024
Employer contribution per active participant$660
Median for plans this size$1,313
2024$660 per active participant
2023$247 per active participant
2022$391 per active participant

Cda Incorporated's 2024 employer contribution ran below the $1,313 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$69,055
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)indirect comp
GLOBAL RETIREMENT PARTNERS 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$69,056 · 1.12%
2023$52,108 · 1.09%
2022$50,059 · 1.05%
Same employer
Similar plansConstruction · Maryland
Keller Brothers, Inc. MD$7.9M · 0.07%
Ellsworth Electric, Inc. MD$7.7M · 0.50%
Harvey W. Hottel Inc. MD$7.3M · 0.46%
Tissa Enterprises, Inc. MD$7.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621478263 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.