Plan Ledger DOL Form 5500 · updated monthly

Custom Data Processing401(k)

CDP RETIREMENT PLAN · ROMEOVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Custom Data Processing reported $95,005 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,742 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 3 years on file its reported administrative ratio has held roughly steady near 0.415%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,505th-largest of 3,702 plans among Illinois employers on file, and the 907th of 2,199 in information & media. In 2024, employees put in $5.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,402,308
Participants with balances150
Active participants135
Employer contributions$235,235
Employee contributions$1,200,893
Employer contribution per active participant$1,742
Average account balance$162,682
Benefits paid to participants$1,276,460
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 150 accts · $235K emplr
2023$21.4M · 147 accts · $464K emplr
2022$17.7M · 139 accts · $428K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,001
Investment management$11,004
Total administrative$95,005
The Custom Data Processing 401(k) match · 2024
Employer contribution per active participant$1,742
Median for plans this size$2,416
2024$1,742 per active participant
2023$3,074 per active participant
2022$3,314 per active participant

Custom Data Processing's 2024 employer contribution ran below the $2,416 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$11,004
MORGAN STANLEY SMITH BARNEY LLCindirect comp
MORGAN STANLEY INSURANCE SERVICES Iindirect comp

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$95,005 · 0.41%
2023$86,678 · 0.44%
2022$77,427 · 0.41%
Same employer
Similar plansInformation & Media · Illinois
Winsight, LLC IL$28.0M · 0.29%
Chicago Public Media, Inc. IL$27.4M · 0.25%
B.F. Shaw Printing Company IL$26.8M · 0.44%
Newberry Library IL$26.1M · 0.07%
Good News Publishers IL$23.0M · 0.00%
Human Kinetics, Inc. IL$19.6M · 0.35%
Ensembleiq IL$18.3M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363022123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.