Plan Ledger DOL Form 5500 · updated monthly

Cranial Technologies, Inc.401(k)

CRANIAL TECHNOLOGIES, INC. 401(K) PLAN · TEMPE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Cranial Technologies, Inc. reported $140,067 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,304 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 3 years on file its reported administrative ratio has held roughly steady near 0.407%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 234th-largest of 1,285 plans among Arizona employers on file, and the 2,282nd of 11,911 in health care & social assistance. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,933,100
Participants with balances923
Active participants802
Employer contributions$1,847,546
Employee contributions$3,714,103
Employer contribution per active participant$2,304
Average account balance$42,181
Benefits paid to participants$2,255,828
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.9M · 923 accts · $1.8M emplr
2023$29.9M · 801 accts · $1.7M emplr
2022$23.3M · 805 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$140,067
Total administrative$140,067
The Cranial Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$2,304
Median for plans this size$2,416
2024$2,304 per active participant
2023$2,309 per active participant
2022$2,009 per active participant

Cranial Technologies, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$3,700
EDWARD JONES · Investment advisory (participants)$53,159
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$7,088

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$140,067 · 0.41%
2023$119,063 · 0.45%
2022$97,754 · 0.41%
Same employer
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Sdi Services LLC AZ$44.7M · 0.20%
Smi Imaging, LLC AZ$39.0M · 1.42%
Chicanos Por la Causa, Inc. AZ$38.7M · 0.65%
Pima Heart Physicians, P.C. AZ$37.4M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860736917 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.