Plan Ledger DOL Form 5500 · updated monthly

Charlotte's Web Inc.401(k)

CWB HOLDINGS, INC. 401(K) PLAN · LOUISVILLE, CO · plan year 2022

Reported admin expense ratio · 2022
0.20%

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

Charlotte's Web Inc. reported $12,444 in plan administrative expenses for 2022: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,298 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Colorado (1,017th of 1,461), and 618th of 945 in agriculture, forestry & fishing. In 2022, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,544,928
Participants with balances281
Active participants191
Employer contributions$438,959
Employee contributions$980,035
Employer contribution per active participant$2,298
Average account balance$19,733
Benefits paid to participants$1,332,759
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $341K emplr
2022$5.5M · 281 accts · $439K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,444
Total administrative$12,444
The Charlotte's Web Inc. 401(k) match · 2022
Employer contribution per active participant$2,298
Median for plans this size$1,114

Charlotte's Web Inc.'s 2022 employer contribution ran above the $1,114 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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$12,444 · 0.20%
Same employer
Similar plansAgriculture, Forestry & Fishing · Colorado
Hudick Excavating, Inc. CO$6.4M · 0.74%
Agfinity, Inc. CO$6.2M · 0.60%
S & W Seed Company CO$5.5M · 0.12%
Buck Jack LLC CO$5.0M · 0.58%
Conservation Legacy CO$2.8M · 1.23%
Staycon, LLC CO$1.4M · 1.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464725961 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.