Plan Ledger DOL Form 5500 · updated monthly

Cprime, Inc.401(k)

CPRIME, INC. 401(K) PLAN · CARY, NC · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Cprime, Inc. reported $105,747 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $74 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 0.53% to 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 796th-largest of 2,005 plans among North Carolina employers on file, and 6,067th of 11,654 in professional & technical services. In 2024, employees put in $158.13 for every $1.00 the employer contributed; active participation has shrunk from 298 to 170 since 2022.

Plan summary
Net assets, end of year$17,274,694
Participants with balances221
Active participants170
Employer contributions$12,561
Employee contributions$1,986,267
Employer contribution per active participant$74
Average account balance$78,166
Benefits paid to participants$3,695,123
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 221 accts · $13K emplr
2023$15.8M · 252 accts · $75K emplr
2022$12.6M · 273 accts · $265K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$105,747
Total administrative$105,747
The Cprime, Inc. 401(k) match · 2024
Employer contribution per active participant$74
Median for plans this size$2,416
2024$74 per active participant
2023$347 per active participant
2022$890 per active participant

Cprime, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
JOHN HANCOCK LIFE INSURANCE CO USA · Recordkeeping · Investment management$106,041

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$105,747 · 0.64%
2023$87,762 · 0.62%
2022$72,362 · 0.53%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Precision Biosciences, Inc. NC$19.1M · 0.02%
Med-El Corporation NC$17.6M · 0.35%
Vets Pets NC$17.4M · 0.29%
Clinical Ink NC$17.0M · 0.96%
Ltm Inc. NC$16.8M · 0.29%
Employee Retirement Plan NC$15.9M · 0.39%
Cr Legal Team, LLP NC$15.9M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 261293000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.