Plan Ledger DOL Form 5500 · updated monthly

Ciproms, Inc.401(k)

CIPROMS, INC. PROFIT SHARING & 401(K) PLAN · INDIANAPOLIS, IN · plan year 2022

Reported admin expense ratio · 2022
1.27%

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

Ciproms, Inc. reported $53,427 in plan administrative expenses for 2022: 1.27% of average plan assets, higher than ~90% 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 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Indiana (1,288th of 1,562), and 1,663rd of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$3,486,779
Participants with balances94
Active participants95
Employer contributions$0
Employee contributions$178,112
Employer contribution per active participant$0
Average account balance$37,093
Benefits paid to participants$780,285
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$53,427
Total administrative$53,427
The Ciproms, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Ciproms, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$53,427 · 1.27%
Similar plansAdministrative & Support Services · Indiana
Engledow Inc. IN$5.3M · 0.72%
Gsf USA, Inc. IN$5.2M · 0.80%
Plastic Recycling, Inc. IN$4.2M · 0.04%
Nxtthing Rpo, LLC IN$2.9M · 0.71%
Entech, Inc. IN$2.8M · 0.25%
Infraware, Inc. IN$2.8M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351550265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.