Plan Ledger DOL Form 5500 · updated monthly

Cvr Associates, Inc.401(k)

CVR ASSOCIATES 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
1.27%

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

Cvr Associates, Inc. reported $102,248 in plan administrative expenses for 2024: 1.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,261 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 1.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (1,938th of 3,644), and 8,459th of 11,654 in professional & technical services. In 2024, employees put in $2.23 for every $1.00 the employer contributed; active participation has grown from 157 to 269 since 2022.

Plan summary
Net assets, end of year$8,605,764
Participants with balances341
Active participants269
Employer contributions$339,275
Employee contributions$756,668
Employer contribution per active participant$1,261
Average account balance$25,237
Benefits paid to participants$720,246
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 341 accts · $339K emplr
2023$7.5M · 305 accts · $274K emplr
2022$6.2M · 255 accts · $236K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,248
Total administrative$102,248
The Cvr Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$1,261
Median for plans this size$1,313
2024$1,261 per active participant
2023$965 per active participant
2022$1,504 per active participant

Cvr Associates, Inc.'s 2024 employer contribution ran below the $1,313 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
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$62,676
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$7,245
MERRILL LYNCH LIFE AGENCY, INC. · Investment advisory (plan)$24,030

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

Recordkeeper by year2
2024Ascensus, Transamerica
2023Ascensus, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$102,248 · 1.27%
2023$84,180 · 1.23%
2022$80,357 · 1.25%
Same employer
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Lukos, LLC FL$8.7M · 0.43%
Merlin Law Group, PLLC FL$8.6M · 0.87%
Disti Corporation FL$8.6M · 0.61%
Ceohr, Inc. FL$8.6M · 1.04%
Rme Group Holding Company FL$8.6M · 0.60%
Microtechnologies LLC FL$8.5M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043273457 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.