Plan Ledger DOL Form 5500 · updated monthly

Cpacket Networks, Inc.401(k)

CPACKET NETWORKS, INC 401(K) PLAN · MILPITAS, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Cpacket Networks, Inc. reported $3,225 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,273 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 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 4,442nd-largest of 9,483 plans among California employers on file, and 7,182nd of 13,661 in manufacturing. In 2024, employees put in $3.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,677,985
Participants with balances158
Active participants115
Employer contributions$606,440
Employee contributions$2,021,767
Employer contribution per active participant$5,273
Average account balance$92,899
Benefits paid to participants$357,303
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 158 accts · $606K emplr
2023$10.7M · 169 accts · $787K emplr
2022$7.4M · 166 accts · $347K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,225
Total administrative$3,225
The Cpacket Networks, Inc. 401(k) match · 2024
Employer contribution per active participant$5,273
Median for plans this size$2,416
2024$5,273 per active participant
2023$7,639 per active participant
2022$3,242 per active participant

Cpacket Networks, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
ASCENSUS LLC · Loan processing · Recordkeeping$3,225

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$3,225 · 0.03%
2023$1,729 · 0.02%
2022$841 · 0.01%
Similar plansManufacturing · California
V. Sattui Winery, Inc. CA$14.9M · 0.22%
Weldmac Mfg. Co. CA$14.8M · 0.23%
Rhino Linings USA, Inc. CA$14.8M · 0.03%
Jbi, LLC CA$14.7M · 0.01%
Phillips Farms, LLC CA$14.5M · 0.01%
Hirel Connectors, Inc. CA$14.5M · 0.60%
La Terra Fina USA, LLC CA$14.5M · 0.39%
Alatus Aerosystems CA$14.4M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820554492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.