Plan Ledger DOL Form 5500 · updated monthly

Cerebral, Inc.401(k)

CEREBRAL INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN · CLAYMONT, DE · plan year 2024

Reported admin expense ratio · 2024
1.52%

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

Cerebral, Inc. reported $106,763 in plan administrative expenses for 2024: 1.52% of average plan assets, higher than ~90% of peers. Employer contributions averaged $686 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 0.06% to 1.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Delaware (167th of 242), and 6,782nd of 11,911 in health care & social assistance. In 2024, employees put in $8.02 for every $1.00 the employer contributed; active participation has shrunk from 1,658 to 204 since 2022.

Plan summary
Net assets, end of year$7,178,377
Participants with balances436
Active participants204
Employer contributions$139,913
Employee contributions$1,121,526
Employer contribution per active participant$686
Average account balance$16,464
Benefits paid to participants$2,030,699
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 436 accts · $140K emplr
2023$6.9M · 454 accts · $854K emplr
2022$4.7M · 1,545 accts · $266K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,667
Investment management$13,212
Total administrative$106,763
The Cerebral, Inc. 401(k) match · 2024
Employer contribution per active participant$686
Median for plans this size$1,313
2024$686 per active participant
2023$2,589 per active participant
2022$160 per active participant

Cerebral, Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$79,667
USI ADVISORS INC · Investment advisory (plan)$27,096

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$106,763 · 1.52%
2023$90,870 · 1.57%
2022$2,812 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · Delaware
Simon Eye Management LLC DE$9.9M · 0.41%
Mary Campbell Center DE$9.4M · 0.65%
Overjet DE$5.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833007428 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.