Plan Ledger DOL Form 5500 · updated monthly

Clifty Group, LLC401(k)

CLIFTY GROUP, LLC 401(K) PLAN · FORT COLLINS, CO · plan year 2024

Reported admin expense ratio · 2024
1.15%

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

Clifty Group, LLC reported $44,606 in plan administrative expenses for 2024: 1.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,727 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 1.49% to 1.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Colorado (1,105th of 1,461), and 4,149th of 5,337 in construction. In 2024, employees put in $1.25 for every $1.00 the employer contributed; active participation has grown from 135 to 151 since 2022.

Plan summary
Net assets, end of year$4,302,274
Participants with balances214
Active participants151
Employer contributions$562,710
Employee contributions$700,837
Employer contribution per active participant$3,727
Average account balance$20,104
Benefits paid to participants$1,104,893
Plan auditUnmodified (clean) audit opinion
AuditorSMITH SCHAFER & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 214 accts · $563K emplr
2023$3.5M · 179 accts · $587K emplr
2022$2.8M · 185 accts · $393K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,968
Total administrative$44,606
The Clifty Group, LLC 401(k) match · 2024
Employer contribution per active participant$3,727
Median for plans this size$1,313
2024$3,727 per active participant
2023$4,193 per active participant
2022$2,914 per active participant

Clifty Group, LLC'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$29,557
GLOBAL RETIREMENT PARTNERS LLC · Pension consulting · Investment advisory (plan)$15,038

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$44,606 · 1.15%
2023$46,807 · 1.49%
2022$44,054 · 1.49%
Same employer
Similar plansConstruction · Colorado
B&M Roofing of Colorado CO$4.5M · 0.58%
Eastex Tower, LLC CO$4.2M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814578664 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.