Plan Ledger DOL Form 5500 · updated monthly

Cdc Small Business Finance Corp.401(k)

CDC SMALL BUSINESS FINANCE CORP. 401(K) PLAN AND TRUST · SAN DIEGO, CA · plan year 2022

Reported admin expense ratio · 2022
0.41%

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

Cdc Small Business Finance Corp. reported $107,779 in plan administrative expenses for 2022: 0.41% of average plan assets, above the peer median. Employer contributions averaged $5,907 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is the 3,316th-largest of 9,483 plans among California employers on file, and 2,846th of 4,798 in finance & insurance. In 2022, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,786,596
Participants with balances164
Active participants143
Employer contributions$844,687
Employee contributions$1,410,136
Employer contribution per active participant$5,907
Average account balance$138,943
Benefits paid to participants$4,759,553
Plan auditUnmodified (clean) audit opinion
AuditorGATTO, POPE, & WALWICK, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$22.8M · 164 accts · $845K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$95,548
Investment management$12,231
Total administrative$107,779
The Cdc Small Business Finance Corp. 401(k) match · 2022
Employer contribution per active participant$5,907
Median for plans this size$2,266

Cdc Small Business Finance Corp.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$107,779 · 0.41%
Similar plansFinance & Insurance · California
Intercare Holdings, Inc. CA$23.5M · 0.40%
Open Bank CA$23.2M · 0.25%
Sunwest Bank CA$22.9M · 0.64%
California Bank of Commerce CA$22.5M · 0.04%
Ventura County Credit Union CA$22.1M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953512045 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.