Plan Ledger DOL Form 5500 · updated monthly

Corporation for the Promotion of Rifle Practice and Firearms Safety401(k)

CMP EMPLOYEE SAVINGS PLAN · ANNISTON, AL · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Corporation for the Promotion of Rifle Practice and Firearms Safety reported $44,633 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $3,100 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 0.54% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Alabama (524th of 902), and 2,264th of 3,091 in educational services. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has shrunk from 152 to 80 since 2022.

Plan summary
Net assets, end of year$7,893,324
Participants with balances117
Active participants80
Employer contributions$247,986
Employee contributions$432,491
Employer contribution per active participant$3,100
Average account balance$67,464
Benefits paid to participants$989,776
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 117 accts · $248K emplr
2023$7.4M · 108 accts · $237K emplr
2022$7.2M · 108 accts · $256K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,427
Investment management$31,206
Total administrative$44,633
The Corporation for the Promotion of Rifle Practice and Firearms Safety 401(k) match · 2024
Employer contribution per active participant$3,100
Median for plans this size$1,313
2024$3,100 per active participant
2023$2,817 per active participant
2022$1,683 per active participant

Corporation for the Promotion of Rifle Practice and Firearms Safety'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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$24,668
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$6,537

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$44,633 · 0.58%
2023$39,168 · 0.54%
2022$40,653 · 0.54%
Similar plansEducational Services · Alabama
Saint James School AL$12.5M · 0.06%
Miles College AL$10.0M · 0.02%
Alabama Christian Academy AL$8.8M · 0.36%
Faith Academy of Mobile AL$7.7M · 0.03%
Tuscaloosa Academy AL$5.7M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 341839195 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.