Plan Ledger DOL Form 5500 · updated monthly

Cherry Technologies Inc.401(k)

CHERRY TECHNOLOGIES INC 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Cherry Technologies Inc. reported $4,265 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in California (6,949th of 9,483), and 4,437th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$5,165,689
Participants with balances367
Active participants336
Employer contributions$0
Employee contributions$1,874,174
Employer contribution per active participant$0
Average account balance$14,075
Benefits paid to participants$276,380
Plan auditUnmodified (clean) audit opinion
AuditorPENSION ASSURANCE
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,562
Investment management$2,703
Total administrative$4,265
The Cherry Technologies Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Cherry Technologies Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2024$4,265 · 0.11%
Same employer
Similar plansFinance & Insurance · California
Nexera Holding LLC CA$6.1M · 0.69%
High Tech Lending, Inc. CA$6.1M · 0.74%
Sharp Health Plan CA$5.8M · 0.02%
Embroker Inc. CA$4.9M · 0.20%
Dma Claims, Inc. CA$4.9M · 0.53%
Vinci Brands LLC CA$4.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822708163 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.