Plan Ledger DOL Form 5500 · updated monthly

Circuit Check, Inc.401(k)

CIRCUIT CHECK, INC. 401(K) RETIREMENT SAVINGS PLAN · MAPLE GROVE, MN · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Circuit Check, Inc. reported $68,900 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $2,671 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 3 years on file its reported administrative ratio has held roughly steady near 0.329%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 863rd-largest of 1,918 plans among Minnesota employers on file, and the 5,691st of 13,661 in manufacturing. In 2024, employees put in $3.96 for every $1.00 the employer contributed; active participation has shrunk from 140 to 121 since 2022.

Plan summary
Net assets, end of year$21,297,726
Participants with balances162
Active participants121
Employer contributions$323,217
Employee contributions$1,280,579
Employer contribution per active participant$2,671
Average account balance$131,467
Benefits paid to participants$3,570,211
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.3M · 162 accts · $323K emplr
2023$20.6M · 171 accts · $334K emplr
2022$18.5M · 173 accts · $318K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,007
Investment management$39,893
Total administrative$68,900
The Circuit Check, Inc. 401(k) match · 2024
Employer contribution per active participant$2,671
Median for plans this size$2,416
2024$2,671 per active participant
2023$2,404 per active participant
2022$2,270 per active participant

Circuit Check, Inc.'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 · 20243
USI ADVISORS INC · Investment advisory (plan)$38,500
EMPOWER ADVISORY GROUP, LLC · Investment management$1,393

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$68,900 · 0.33%
2023$65,685 · 0.34%
2022$66,964 · 0.33%
Same employer
Similar plansManufacturing · Minnesota
Precision Associates, Inc. MN$22.0M · 0.17%
Water Gremlin Co. MN$22.0M · 0.33%
Avr, LLC MN$21.9M · 0.00%
Viterra USA LLC MN$20.9M · 0.15%
Reviva, Inc. MN$20.8M · 0.31%
Innovize MN$20.2M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411334770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.