Plan Ledger DOL Form 5500 · updated monthly

Copenhagen Imports, Inc.401(k)

COPENHAGEN IMPORTS 401(K) PROFIT SHARING PLAN · PHOENIX, AZ · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Copenhagen Imports, Inc. reported $1,559 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $813 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 0.01% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 385th-largest of 1,285 plans among Arizona employers on file, and the 1,563rd of 5,215 in retail trade. In 2023, employees put in $4.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,696,615
Participants with balances184
Active participants160
Employer contributions$130,000
Employee contributions$572,725
Employer contribution per active participant$813
Average account balance$101,612
Benefits paid to participants$1,199,982
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 173 accts · $35K emplr
2023$18.7M · 184 accts · $130K emplr
2022$17.1M · 168 accts · $330K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,559
Total administrative$1,559
The Copenhagen Imports, Inc. 401(k) match · 2023
Employer contribution per active participant$813
Median for plans this size$2,440
2024$211 per active participant
2023$813 per active participant
2022$2,260 per active participant

Copenhagen Imports, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JPMORGAN INVEST HOLDINGS LLC$972
JPMORGAN INVEST HOLDINGS LLC$55

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$19,140 · 0.10%
2023$1,559 · 0.01%
2022$1,020 · 0.01%
Same employer
Similar plansRetail Trade · Arizona
Plexus Worldwide, LLC AZ$26.0M · 0.43%
Don Sanderson Ford, Inc. AZ$20.7M · 0.62%
Royal Speedway, Inc. AZ$20.1M · 0.64%
Courtesy Chevrolet AZ$19.6M · 1.60%
Ceh Automotive Corp. AZ$18.1M · 0.19%
Sands Motor Company AZ$17.5M · 0.30%
Stateserv Medical LLC AZ$17.5M · 0.04%
Duncan & Son Lines, Inc. AZ$16.3M · 1.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 860224589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.