Plan Ledger DOL Form 5500 · updated monthly

Cps Products, Inc401(k)

CPS PRODUCTS, INC 401(K) PROFIT SHARING PLAN AND TRUST · MIRAMAR, FL · plan year 2022

Reported admin expense ratio · 2022
0.65%

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

Cps Products, Inc reported $7,585 in plan administrative expenses for 2022: 0.65% of average plan assets, above the peer median. Employer contributions averaged $0 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 professional & technical services employers. By assets it is among the smaller plans on file in Florida (3,350th of 3,644), and 11,238th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$1,037,311
Participants with balances53
Active participants164
Employer contributions$0
Employee contributions$164,050
Employer contribution per active participant$0
Average account balance$19,572
Benefits paid to participants$211,266
Plan auditUnmodified (clean) audit opinion
AuditorCITRIN COOPERMAN & COMPANY
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$500
Total administrative$7,585
The Cps Products, Inc 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Cps Products, Inc'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

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$7,585 · 0.65%
Same employer
Similar plansProfessional & Technical Services · Florida
Summit Aerospace Inc FL$1.1M · 1.51%
Landau & Associates, P.A. FL$1.1M · 1.24%
Giacare, Inc. FL$1.0M · 0.64%
Talgood Enterprises LLC FL$854K · 1.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650169154 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.