Plan Ledger DOL Form 5500 · updated monthly

Chetu, Inc.401(k)

CHETU, INC. 401(K) PROFIT SHARING PLAN · SUNRISE, FL · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Chetu, Inc. reported $33,812 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $3,389 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 fell from 0.62% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (2,093rd of 3,644), and 8,888th of 11,654 in professional & technical services. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has grown from 106 to 127 since 2022.

Plan summary
Net assets, end of year$7,443,147
Participants with balances138
Active participants127
Employer contributions$430,387
Employee contributions$740,498
Employer contribution per active participant$3,389
Average account balance$53,936
Benefits paid to participants$1,124,806
Plan auditUnmodified (clean) audit opinion
AuditorNOVOTNY CPA GROUP PLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 138 accts · $430K emplr
2023$6.4M · 126 accts · $356K emplr
2022$4.8M · 83 accts · $297K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,994
Investment management$4,818
Audit (IQPA)$9,000
Total administrative$33,812
The Chetu, Inc. 401(k) match · 2024
Employer contribution per active participant$3,389
Median for plans this size$1,313
2024$3,389 per active participant
2023$2,802 per active participant
2022$2,799 per active participant

Chetu, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
JPMORGAN INVEST HOLDINGS LLC$19,994
NOVOTNY CPA GROUP PLC · Accounting / audit$9,000
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$4,818

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$33,812 · 0.49%
2023$31,386 · 0.56%
2022$31,057 · 0.62%
Same employer
Similar plansProfessional & Technical Services · Florida
C.A.P. Government, Inc. FL$7.7M · 0.58%
Forcura, LLC FL$7.6M · 0.09%
Nationsbenefits LLC FL$7.6M · 1.31%
Tax Defense Network, LLC FL$7.4M · 0.86%
Medi-Trans, Inc. FL$7.4M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650999101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.