Plan Ledger DOL Form 5500 · updated monthly

Criticalpoint Partners, LLC401(k)

CRITICALPOINT CAPITAL, LLC 401(K) PLAN · EL SEGUNDO, CA · plan year 2023

Reported admin expense ratio · 2023
0.63%

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

Criticalpoint Partners, LLC reported $172,477 in plan administrative expenses for 2023: 0.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,258 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 0.67% to 0.91%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 2,664th-largest of 9,483 plans among California employers on file, and the 1,021st of 5,215 in retail trade. In 2023, employees put in $4.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,144,825
Participants with balances595
Active participants371
Employer contributions$1,208,562
Employee contributions$4,928,646
Employer contribution per active participant$3,258
Average account balance$50,664
Benefits paid to participants$4,674,444
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.2M · 469 accts · $946K emplr
2023$30.1M · 595 accts · $1.2M emplr
2022$24.3M · 584 accts · $1.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$172,477
Total administrative$172,477
The Criticalpoint Partners, LLC 401(k) match · 2023
Employer contribution per active participant$3,258
Median for plans this size$2,440
2024$16,598 per active participant
2023$3,258 per active participant
2022$3,138 per active participant

Criticalpoint Partners, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
NFP RETIREMENT INC · Investment advisory (plan)$85,978
ECONOMIC GROUP PENSION SERVICES INC · Contract administrator$32,064
MARCUM LLP · Accounting / audit$18,000

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

Administrative cost history3
2024$251,860 · 0.91%
2023$172,477 · 0.63%
2022$169,120 · 0.67%
Similar plansRetail Trade · California
Dick Browning, Inc. CA$31.0M · 0.48%
Ramos Oil Company, Inc. CA$29.9M · 0.31%
Torrid LLC CA$29.2M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 455416532 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.