Plan Ledger DOL Form 5500 · updated monthly

Chesapeake Technology International Corp.401(k)

CTI 401(K) PLAN · CALIFORNIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Chesapeake Technology International Corp. reported $50,863 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $3,902 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 0.38% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (847th of 1,671), and 7,023rd of 11,654 in professional & technical services. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 89 to 170 since 2022.

Plan summary
Net assets, end of year$13,262,955
Participants with balances197
Active participants170
Employer contributions$663,404
Employee contributions$1,250,011
Employer contribution per active participant$3,902
Average account balance$67,325
Benefits paid to participants$569,563
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 197 accts · $663K emplr
2023$10.5M · 152 accts · $442K emplr
2022$8.1M · 133 accts · $397K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,511
Investment management$25,852
Audit (IQPA)$8,500
Total administrative$50,863
The Chesapeake Technology International Corp. 401(k) match · 2024
Employer contribution per active participant$3,902
Median for plans this size$2,416
2024$3,902 per active participant
2023$4,249 per active participant
2022$4,459 per active participant

Chesapeake Technology International Corp.'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 · 20245
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$12,862
EMPOWER ADVISORY GROUP, LLC · Investment management$11,132
APRIO LLP · Accounting / audit$8,500
MV CAPITAL MANAGEMENT INC · Investment advisory (plan)$1,858

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$50,863 · 0.43%
2023$35,018 · 0.38%
2022$34,235 · 0.38%
Same employer
Similar plansProfessional & Technical Services · Maryland
Allen & Shariff Corporation MD$13.5M · 0.24%
August Schell Enterprises MD$13.3M · 0.53%
Quotientsub, LLC MD$13.1M · 0.48%
Paradyme Management, Inc. MD$13.1M · 0.52%
Vantage Systems Inc MD$13.0M · 0.32%
Heitech Services, Inc. MD$13.0M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522105834 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.