Plan Ledger DOL Form 5500 · updated monthly

Critical Process Systems Group401(k)

CRITICAL PROCESS SYSTEMS GROUP 401(K) PLAN · COLCHESTER, VT · plan year 2022

Reported admin expense ratio · 2022
0.23%

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

Critical Process Systems Group reported $59,320 in plan administrative expenses for 2022: 0.23% of average plan assets, below the peer median. Employer contributions averaged $951 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 80th-largest of 230 plans among Vermont employers on file, and the 5,273rd of 13,661 in manufacturing. In 2022, employees put in $3.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,963,315
Participants with balances669
Active participants637
Employer contributions$606,078
Employee contributions$2,322,732
Employer contribution per active participant$951
Average account balance$35,820
Benefits paid to participants$1,833,229
Plan auditUnmodified (clean) audit opinion
AuditorGALLAGHER FLYNN AND COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$24.0M · 669 accts · $606K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,071
Investment management$47,179
Total administrative$59,320
The Critical Process Systems Group 401(k) match · 2022
Employer contribution per active participant$951
Median for plans this size$2,266

Critical Process Systems Group's 2022 employer contribution ran below the $2,266 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 history2
2023Not separately reported
2022$59,320 · 0.23%
Similar plansManufacturing · Vermont
G. S. Precision, Inc. VT$35.3M · 0.35%
Beta Technologies VT$32.6M · 0.48%
Hayward Tyler, Inc. VT$25.2M · 0.28%
Foodscience, LLC VT$20.7M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455166544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.