What are the fees in the Cpf Recovery Ways, LLC 401(k) plan?

For plan year 2022, Cpf Recovery Ways, LLC reported $22,839 in plan administrative expenses, or 1.29% of average plan assets — higher than ~90% of peers. Fund-level expense ratios are not included in public filings.

What is the Cpf Recovery Ways, LLC 401(k) match?

In 2022, employer contributions to the Cpf Recovery Ways, LLC plan averaged $189 per active participant, below the $1,114 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Cpf Recovery Ways, LLC 401(k)?

The average participant account balance was $18,777 for plan year 2022, based on 89 accounts.

Cpf Recovery Ways, LLC401(k)

Name: Cpf Recovery Ways, LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

CPF RECOVERY WAYS LLC 401(K) PLAN · MURRAY, UT · plan year 2022

Reported admin expense ratio · 2022

1.29%

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

Cpf Recovery Ways, LLC reported $22,839 in plan administrative expenses for 2022: 1.29% of average plan assets, higher than ~90% of peers. Employer contributions averaged $189 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Utah (769th of 848), and 10,323rd of 11,911 in health care & social assistance. In 2022, employees put in $7.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,671,155
Participants with balances89
Active participants155
Employer contributions$29,286
Employee contributions$211,869
Employer contribution per active participant$189
Average account balance$18,777
Benefits paid to participants$92,315
Plan auditUnmodified (clean) audit opinion
AuditorKARREN, HENDRIX, STAGG, ALLEN & CO.

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$22,839

Total administrative$22,839

The Cpf Recovery Ways, LLC 401(k) match · 2022

Employer contribution per active participant$189

Median for plans this size$1,114

Cpf Recovery Ways, LLC's 2022 employer contribution ran below the $1,114 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

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$22,839 · 1.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471085087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.