Plan Ledger DOL Form 5500 · updated monthly

Cubic Corporation401(k)

CUBIC CORPORATION 401(K) RETIREMENT PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Cubic Corporation reported $565,280 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $5,062 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 0.19% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 198th-largest of 9,483 plans among California employers on file, and the 469th of 13,661 in manufacturing. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$648,668,328
Participants with balances4,025
Active participants1,987
Employer contributions$10,058,903
Employee contributions$22,072,786
Employer contribution per active participant$5,062
Average account balance$161,160
Benefits paid to participants$91,362,311
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$648.7M · 4,025 accts · $10.1M emplr
2023$634.2M · 4,201 accts · $10.5M emplr
2022$570.4M · 4,615 accts · $11.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$321,450
Investment management$86,400
Audit (IQPA)$51,895
Total administrative$565,280
The Cubic Corporation 401(k) match · 2024
Employer contribution per active participant$5,062
Median for plans this size$4,294
2024$5,062 per active participant
2023$5,700 per active participant
2022$5,218 per active participant

Cubic Corporation's 2024 employer contribution ran above the $4,294 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 · 20247
BFSG LLC · Investment advisory (plan)$60,000
CBIZ CPAS PC · Accounting / audit$51,895
MPS COMMUNICATIONS$31,689
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$26,400
PILLSBURY WINTHROP SHAW PITTMAN LLP · Legal$10,725
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$1,050

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$565,280 · 0.09%
2023$739,490 · 0.12%
2022$1,077,751 · 0.19%
Same employer
Similar plansManufacturing · California
Viavi Solutions Inc. CA$728.6M · 0.05%
Biomarin Pharmaceutical Inc. CA$715.0M · 0.01%
Sierra Pacific Industries CA$675.1M · 0.05%
Icu Medical, Inc. CA$674.1M · 0.07%
Envista Holdings Corporation CA$591.6M · 0.06%
Sanmina Corporation CA$590.4M · 0.06%
Quidelortho Corporation CA$584.1M · 0.04%
Pure Storage, Inc. CA$581.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951678055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.