Plan Ledger DOL Form 5500 · updated monthly

Cryogenic Industries, Inc.401(k)

CRYOGENIC INDUSTRIES 401(K) PLAN · TEMECULA, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Cryogenic Industries, Inc. reported $42,274 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $2,771 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 fell from 0.16% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,450th-largest of 9,483 plans among California employers on file, and the 250th of 2,534 in administrative & support services. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has grown from 657 to 854 since 2022.

Plan summary
Net assets, end of year$63,668,079
Participants with balances1,021
Active participants854
Employer contributions$2,366,466
Employee contributions$5,303,168
Employer contribution per active participant$2,771
Average account balance$62,359
Benefits paid to participants$10,745,429
Plan auditUnmodified (clean) audit opinion
AuditorGROSSMAN YANAK FORD
Plan history3
Yearassets · accounts · employer contribution
2024$63.7M · 1,021 accts · $2.4M emplr
2023$56.0M · $1.8M emplr
2022$44.5M · 869 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,274
Total administrative$42,274
The Cryogenic Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$2,771
Median for plans this size$3,635
2024$2,771 per active participant
2023$2,291 per active participant
2022$2,200 per active participant

Cryogenic Industries, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$41,748
LPL FINANCIAL · Recordkeeping · Trustee$23,956

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

Recordkeeper by year2
2024ADP, LPL Financial
2023Ascensus

This plan has changed recordkeepers within these filings. If you left Cryogenic Industries, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$42,274 · 0.07%
2023$155,165 · 0.31%
2022$72,504 · 0.16%
Similar plansAdministrative & Support Services · California
Viking River Cruises, Inc. CA$68.2M · 0.10%
Eventbrite, Inc. CA$67.6M · 0.08%
Staffpay, Inc. CA$66.3M · 0.63%
Sbm Management Services, LP CA$65.0M · 0.40%
Greenwaste Recovery, Inc. CA$61.8M · 0.40%
Ati Payroll Services, LLC CA$55.6M · 0.25%
Family Tree Service, Inc. CA$46.6M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384038627 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.