Plan Ledger DOL Form 5500 · updated monthly

Circle Computer Resources, Inc.401(k)

CIRCLE COMPUTER RESOURCES, INC. 401(K) PLAN · CEDAR RAPIDS, IA · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Circle Computer Resources, Inc. reported $42,040 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $3,938 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 0.42% to 0.70%. 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 Iowa (656th of 878), and 9,149th of 11,654 in professional & technical services. In 2024, employees put in $1.28 for every $1.00 the employer contributed; active participation has grown from 132 to 149 since 2022.

Plan summary
Net assets, end of year$6,655,301
Participants with balances138
Active participants149
Employer contributions$586,724
Employee contributions$752,248
Employer contribution per active participant$3,938
Average account balance$48,227
Benefits paid to participants$776,921
Plan auditUnmodified (clean) audit opinion
AuditorFORGE FINANCIAL AND MANAGEMENT CONS
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 138 accts · $587K emplr
2023$5.3M · 118 accts · $513K emplr
2022$3.7M · 105 accts · $304K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,172
Investment management$23,415
Total administrative$42,040
The Circle Computer Resources, Inc. 401(k) match · 2024
Employer contribution per active participant$3,938
Median for plans this size$1,313
2024$3,938 per active participant
2023$3,420 per active participant
2022$2,307 per active participant

Circle Computer Resources, 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 · 20242
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$10,169
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$23,415

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023OneAmerica, QUALIFIED PLAN CONSULTANTS, LLC, Transamerica

This plan has changed recordkeepers within these filings. If you left Circle Computer Resources, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$42,040 · 0.70%
2023$16,933 · 0.37%
2022$15,786 · 0.42%
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Source: U.S. Department of Labor, Form 5500 series, EIN 421404024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.