Plan Ledger DOL Form 5500 · updated monthly

Cerium Networks, Inc401(k)

CERIUM NETWORKS 401(K) PLAN · SPOKANE, WA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Cerium Networks, Inc reported $88,229 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $3,027 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 0.25% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 665th-largest of 1,714 plans among Washington employers on file, and the 1,397th of 5,215 in retail trade. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has shrunk from 164 to 136 since 2022.

Plan summary
Net assets, end of year$21,058,139
Participants with balances166
Active participants136
Employer contributions$411,607
Employee contributions$947,978
Employer contribution per active participant$3,027
Average account balance$126,856
Benefits paid to participants$1,621,868
Plan auditUnmodified (clean) audit opinion
AuditorANASTASI, MOORE, MARTIN PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 166 accts · $412K emplr
2023$18.6M · 174 accts · $433K emplr
2022$17.7M · 176 accts · $432K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,984
Investment management$48,745
Audit (IQPA)$21,500
Total administrative$88,229
The Cerium Networks, Inc 401(k) match · 2024
Employer contribution per active participant$3,027
Median for plans this size$2,416
2024$3,027 per active participant
2023$2,531 per active participant
2022$2,635 per active participant

Cerium Networks, Inc's 2024 employer contribution ran above 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 · 20244
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)$47,495
ANASTASI MOORE & MARTIN PLLC · Accounting / audit$21,500
RANDALL & HURLEY · Contract administrator$18,707
CAPITAL RESEARCH AND MANAGEMENT$900

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$88,229 · 0.44%
2023$67,182 · 0.37%
2022$48,102 · 0.25%
Same employer
Similar plansRetail Trade · Washington
Car Toys, Inc. WA$25.6M · 0.75%
Blue Nile, Inc. WA$23.2M · 0.28%
University Book Store Inc WA$21.7M · 0.19%
K2 Sports LLC WA$21.1M · 0.13%
Groundspeak, Inc. WA$20.6M · 0.37%
Kelley Connect Co. WA$19.8M · 0.36%
Tacoma Screw Products, Inc. WA$18.8M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912059896 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.