Plan Ledger DOL Form 5500 · updated monthly

Cvb, Inc401(k)

CVB, INC 40(K) PLAN · LOGAN, UT · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Cvb, Inc reported $69,293 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,733 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 0.10% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 293rd-largest of 848 plans among Utah employers on file, and the 1,414th of 5,215 in retail trade. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has shrunk from 656 to 358 since 2022.

Plan summary
Net assets, end of year$20,726,431
Participants with balances947
Active participants358
Employer contributions$978,445
Employee contributions$1,634,137
Employer contribution per active participant$2,733
Average account balance$21,886
Benefits paid to participants$3,356,645
Plan auditUnmodified (clean) audit opinion
AuditorJONES SIMKINS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 947 accts · $978K emplr
2023$18.7M · 1,008 accts · $1.2M emplr
2022$15.3M · 1,069 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19
Investment management$69,221
Total administrative$69,293
The Cvb, Inc 401(k) match · 2024
Employer contribution per active participant$2,733
Median for plans this size$2,416
2024$2,733 per active participant
2023$2,604 per active participant
2022$2,542 per active participant

Cvb, Inc's 2024 employer contribution ran above 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 · 20243
UNITED PLANNERS FINANCIAL SERVICES · Investment advisory (plan)$64,980
COOK MARTIN POULSON, PC · Contract administrator$12,930
CAPITAL GROUP RETIREMENT PLAN SERVI$8,513

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$69,293 · 0.35%
2023$59,452 · 0.35%
2022$15,252 · 0.10%
Same employer
Similar plansRetail Trade · Utah
Covalent Group, Inc. UT$23.9M · 0.05%
Team Karl Malone UT$23.7M · 0.57%
Truhearing, Inc. UT$19.0M · 0.61%
You Need a Budget LLC UT$18.6M · 0.03%
Doug Smith Autoplex, Inc. UT$18.5M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 201008736 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.