Plan Ledger DOL Form 5500 · updated monthly

Cleo Communications, Inc.401(k)

CLEO COMMUNICATIONS, INC. 401(K) PLAN · ROCKFORD, IL · plan year 2022

Reported admin expense ratio · 2022
0.29%

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

Cleo Communications, Inc. reported $63,460 in plan administrative expenses for 2022: 0.29% of average plan assets, above the peer median. Employer contributions averaged $2,398 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,672nd-largest of 3,702 plans among Illinois employers on file, and the 5,465th of 11,654 in professional & technical services. In 2022, employees put in $3.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,500,791
Participants with balances271
Active participants243
Employer contributions$582,727
Employee contributions$1,871,023
Employer contribution per active participant$2,398
Average account balance$75,649
Benefits paid to participants$2,039,083
Plan auditUnmodified (clean) audit opinion
The Cleo Communications, Inc. 401(k) match · 2022
Employer contribution per active participant$2,398
Median for plans this size$2,266

Cleo Communications, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$63,460 · 0.29%
Similar plansProfessional & Technical Services · Illinois
Serrala US Corporation IL$20.9M · 0.25%
The Roderick Group, Inc. IL$20.8M · 0.80%
Mowery & Schoenfeld, LLC IL$20.5M · 0.27%
Viking Cloud, Inc. IL$20.3M · 0.48%
Alta Via Consulting, LLC IL$20.1M · 0.32%
Tritech Marketing, LLC IL$20.1M · 0.11%
E.A. Langenfeld Associates IL$20.0M · 0.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 363713066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.