Plan Ledger DOL Form 5500 · updated monthly

Cdk Global II LLC401(k)

CDK GLOBAL, INC. 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Cdk Global II LLC reported $669,470 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $3,982 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 0.14% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other information & media employers. By assets it is the 157th-largest of 5,688 plans among Texas employers on file, and the 69th of 2,199 in information & media. In 2024, employees put in $2.59 for every $1.00 the employer contributed; active participation has shrunk from 4,090 to 3,154 since 2022.

Plan summary
Net assets, end of year$735,512,359
Participants with balances4,901
Active participants3,154
Employer contributions$12,559,704
Employee contributions$32,530,677
Employer contribution per active participant$3,982
Average account balance$150,074
Benefits paid to participants$85,496,466
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$735.5M · 4,901 accts · $12.6M emplr
2023$704.5M · 5,413 accts · $14.1M emplr
2022$663.3M · 6,096 accts · $17.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$267,445
Investment management$401,725
Total administrative$669,470
The Cdk Global II LLC 401(k) match · 2024
Employer contribution per active participant$3,982
Median for plans this size$4,294
2024$3,982 per active participant
2023$4,490 per active participant
2022$4,218 per active participant

Cdk Global II LLC's 2024 employer contribution ran below the $4,294 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 · 20244
EMPOWER ANNUITY INS CO OF AMERICA · Recordkeeping · Loan processing$267,445
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants)$220,947
MERCER (US) INC MERCER INVESTMENTS · Investment advisory (plan)$180,778
CHARLES SCHWAB & CO, INC · Investment advisory (participants)$474

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$669,470 · 0.09%
2023$845,177 · 0.12%
2022$1,014,076 · 0.14%
Same employer
Similar plansInformation & Media · Texas
Nexstar Media Group, Inc. TX$2.0B · 0.02%
Vericast Corp. TX$1.1B · 0.06%
Bt Americas Holdings Inc. TX$652.2M · 0.05%
Match Group, Inc. TX$301.3M · 0.05%
Blackberry Corporation TX$258.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465743146 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.