Plan Ledger DOL Form 5500 · updated monthly

Cedar Lake Workforce, LLC401(k)

CEDAR LAKE 401(K) RETIREMENT SAVINGS PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Cedar Lake Workforce, LLC reported $18,964 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $1,582 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 0.11% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 416th-largest of 871 plans among Kentucky employers on file, and the 5,037th of 11,911 in health care & social assistance. In 2024, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,456,771
Participants with balances308
Active participants302
Employer contributions$477,716
Employee contributions$790,528
Employer contribution per active participant$1,582
Average account balance$40,444
Benefits paid to participants$2,064,164
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 308 accts · $478K emplr
2023$11.6M · 328 accts · $438K emplr
2022$10.1M · 351 accts · $361K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,964
Total administrative$18,964
The Cedar Lake Workforce, LLC 401(k) match · 2024
Employer contribution per active participant$1,582
Median for plans this size$2,416
2024$1,582 per active participant
2023$1,427 per active participant
2022$1,117 per active participant

Cedar Lake Workforce, LLC's 2024 employer contribution ran below the $2,416 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$88,257

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$18,964 · 0.16%
2023$13,599 · 0.13%
2022$12,100 · 0.11%
Similar plansHealth Care & Social Assistance · Kentucky
Winterwood, Inc. KY$13.0M · 0.60%
Healthfirst Bluegrass Inc KY$12.9M · 0.31%
Stewart Home & School, LLC KY$12.7M · 0.34%
Inlet Health, Inc. KY$12.3M · 0.82%
Cumberland County Hospital KY$11.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364702958 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.