Plan Ledger DOL Form 5500 · updated monthly

Computer Programs & Systems, Inc.401(k)

CPSI 401K RETIREMENT PLAN · MOBILE, AL · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Computer Programs & Systems, Inc. reported $251,089 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $1,791 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 0.04% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 43rd-largest of 902 plans among Alabama employers on file, and the 857th of 11,654 in professional & technical services. In 2024, employees put in $3.38 for every $1.00 the employer contributed; active participation has shrunk from 2,508 to 1,821 since 2022.

Plan summary
Net assets, end of year$187,047,169
Participants with balances2,320
Active participants1,821
Employer contributions$3,260,856
Employee contributions$11,014,923
Employer contribution per active participant$1,791
Average account balance$80,624
Benefits paid to participants$31,101,601
Plan auditUnmodified (clean) audit opinion
AuditorWILKINS MILLER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$187.0M · 2,320 accts · $3.3M emplr
2023$177.6M · 2,623 accts · $3.5M emplr
2022$158.6M · 2,717 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$197,526
Investment management$53,563
Total administrative$251,089
The Computer Programs & Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,791
Median for plans this size$3,635
2024$1,791 per active participant
2023$1,509 per active participant
2022$1,240 per active participant

Computer Programs & Systems, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$197,526
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$53,563

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$251,089 · 0.14%
2023$90,961 · 0.05%
2022$70,117 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Alabama
Colsa Corporation AL$277.1M · 0.04%
Radiance Technologies AL$194.9M · 0.00%
Mesa Associates, Inc. AL$135.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743032373 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.