Plan Ledger DOL Form 5500 · updated monthly

Cupid Foundations, Inc.401(k)

CUPID FOUNDATIONS, INC. SAVINGS & INVESTMENT PLAN · BLACKWELL, OK · plan year 2023

Reported admin expense ratio · 2023
0.28%

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

Cupid Foundations, Inc. reported $25,488 in plan administrative expenses for 2023: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,300 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 1 year on file its reported administrative ratio rose from 0.26% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Oklahoma (418th of 724), and 9,111th of 13,661 in manufacturing. In 2023, employees put in $3.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,276,470
Participants with balances95
Active participants91
Employer contributions$209,305
Employee contributions$639,283
Employer contribution per active participant$2,300
Average account balance$97,647
Benefits paid to participants$2,041,409
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history2
Yearassets · accounts · employer contribution
2023$9.3M · 95 accts · $209K emplr
2022$8.9M · 103 accts · $209K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,776
Investment management$19,612
Total administrative$25,488
The Cupid Foundations, Inc. 401(k) match · 2023
Employer contribution per active participant$2,300
Median for plans this size$1,308
2023$2,300 per active participant
2022$1,951 per active participant

Cupid Foundations, Inc.'s 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PENSIONMARK FINANCIAL GROUP LLC · Investment advisory (plan)$18,357
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,776

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

Administrative cost history2
2023$25,488 · 0.28%
2022$25,196 · 0.26%
Similar plansManufacturing · Oklahoma
Clements Foods Company OK$9.8M · 0.14%
S&R Compression LLC OK$9.5M · 0.11%
Southwestern Wire, Inc. OK$9.2M · 0.27%
Tristar Glass, Inc. OK$9.2M · 0.53%
Red Devil, Inc. OK$8.6M · 0.27%
Enviro Systems, Inc. OK$8.4M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135569420 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.