Plan Ledger DOL Form 5500 · updated monthly

Cloud Network Technology USA, In401(k)

CLOUD NETWORK TECHNOLOGY USA, INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Cloud Network Technology USA, In reported $8,628 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,573 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 0.13% to 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (3,386th of 5,688), and 3,217th of 4,246 in wholesale trade. In 2024, employees put in $2.94 for every $1.00 the employer contributed; active participation has grown from 115 to 140 since 2022.

Plan summary
Net assets, end of year$8,006,259
Participants with balances116
Active participants140
Employer contributions$220,206
Employee contributions$647,947
Employer contribution per active participant$1,573
Average account balance$69,019
Benefits paid to participants$848,914
Plan auditUnmodified (clean) audit opinion
AuditorACORN ACCOUNTANCY CORPORATION
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 116 accts · $220K emplr
2023$6.9M · 111 accts · $199K emplr
2022$5.4M · 102 accts · $165K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,480
Investment management$5,148
Total administrative$8,628
The Cloud Network Technology USA, In 401(k) match · 2024
Employer contribution per active participant$1,573
Median for plans this size$1,313
2024$1,573 per active participant
2023$1,602 per active participant
2022$1,433 per active participant

Cloud Network Technology USA, In's 2024 employer contribution ran above the $1,313 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$3,480
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,628 · 0.12%
2023$7,421 · 0.12%
2022$7,550 · 0.13%
Similar plansWholesale Trade · Texas
Attebury Grain, LLC TX$8.4M · 0.72%
M & F Western Products TX$8.2M · 0.22%
Vaughan & Sons Inc TX$8.2M · 1.01%
Creekside Nursery, L.L.C. TX$8.0M · 0.05%
El Rancho Corp. TX$8.0M · 0.12%
Jackson Supply Company TX$7.9M · 0.01%
Gajeske, Inc. TX$7.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821505767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.