Plan Ledger DOL Form 5500 · updated monthly

Cherry Creek Mortgage, LLC401(k)

CHERRY CREEK MORTGAGE, LLC. EMPLOYEES SAVINGS TRUST · GREENWOOD VILLAGE, CO · plan year 2022

Reported admin expense ratio · 2022
0.26%

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

Cherry Creek Mortgage, LLC reported $110,178 in plan administrative expenses for 2022: 0.26% of average plan assets, below the peer median. Employer contributions averaged $2,475 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is the 303rd-largest of 1,461 plans among Colorado employers on file, and the 2,001st of 4,798 in finance & insurance. In 2022, employees put in $4.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,934,991
Participants with balances906
Active participants622
Employer contributions$1,539,729
Employee contributions$6,305,182
Employer contribution per active participant$2,475
Average account balance$42,975
Benefits paid to participants$7,997,963
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $9K emplr
2022$38.9M · 906 accts · $1.5M emplr
Administrative expenses, itemized · 2022
Investment management$27,398
Total administrative$110,178
The Cherry Creek Mortgage, LLC 401(k) match · 2022
Employer contribution per active participant$2,475
Median for plans this size$2,266

Cherry Creek Mortgage, LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$110,178 · 0.26%
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Copic Trust CO$37.3M · 0.00%
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Source: U.S. Department of Labor, Form 5500 series, EIN 841040263 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.