Cedar Band Corporation401(k)
CEDAR BAND CORPORATION 401(K) PROFIT SHARING PLAN · CEDAR CITY, UT · plan year 2023
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Cedar Band Corporation reported $37,513 in plan administrative expenses for 2023: 1.48% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,024 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 1.38% to 1.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Utah (701st of 848), and 2,033rd of 2,199 in information & media. In 2023, employees put in $1.68 for every $1.00 the employer contributed; active participation has grown from 93 to 107 since 2022.
Cedar Band Corporation's 2023 employer contribution ran above the $1,308 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 800906481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.