Plan Ledger DOL Form 5500 · updated monthly

Cvrx, Inc.401(k)

CVRX, INC. 401(K) SAVINGS PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Cvrx, Inc. reported $49,497 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $5,642 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Minnesota (1,208th of 1,918), and 7,482nd of 11,654 in professional & technical services. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,671,490
Participants with balances178
Active participants194
Employer contributions$1,094,585
Employee contributions$2,100,032
Employer contribution per active participant$5,642
Average account balance$65,570
Benefits paid to participants$4,208,698
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,715
Investment management$29,782
Total administrative$49,497
The Cvrx, Inc. 401(k) match · 2024
Employer contribution per active participant$5,642
Median for plans this size$2,416

Cvrx, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
NFP RETIREMENT INC · Investment advisory (plan)$27,458
EMPOWER ADVISORY GROUP, LLC · Investment management$2,324

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

Administrative cost history1
2024$49,497 · 0.45%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Columbus US, Inc. MN$12.7M · 0.35%
SPACE150 MN$12.4M · 0.32%
Gurstel Law Firm P.C. MN$12.2M · 0.88%
Evs, Inc. MN$12.0M · 0.64%
Logic Information Systems MN$11.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411983744 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.