Plan Ledger DOL Form 5500 · updated monthly

Cwpm, LLC401(k)

CWPM, LLC 401(K) PROFIT SHARING PLAN · PLAINVILLE, CT · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Cwpm, LLC reported $83,620 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $1,922 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 0.24% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 523rd-largest of 1,106 plans among Connecticut employers on file, and the 563rd of 2,534 in administrative & support services. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 287 to 342 since 2022.

Plan summary
Net assets, end of year$22,277,384
Participants with balances444
Active participants342
Employer contributions$657,210
Employee contributions$1,356,861
Employer contribution per active participant$1,922
Average account balance$50,174
Benefits paid to participants$2,266,462
Plan auditUnmodified (clean) audit opinion
AuditorBUDWITZ & MEYERJACK, PC
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 444 accts · $657K emplr
2023$19.8M · 359 accts · $535K emplr
2022$16.5M · 359 accts · $485K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,620
Total administrative$83,620
The Cwpm, LLC 401(k) match · 2024
Employer contribution per active participant$1,922
Median for plans this size$2,416
2024$1,922 per active participant
2023$1,891 per active participant
2022$1,691 per active participant

Cwpm, LLC'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
REDHAWK WEALTH ADVISORS INC · Investment advisory (plan)$30,605
EMPOWER ADVISORY GROUP, LLC · Investment management$4,815
PENSION CONSULTANTS INC · Contract administrator$4,560

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$83,620 · 0.40%
2023$71,187 · 0.39%
2022$41,942 · 0.24%
Same employer
Similar plansAdministrative & Support Services · Connecticut
Hudson Global, Inc. CT$36.1M · 0.28%
Daversa Partners, Inc. CT$32.2M · 0.12%
All Waste, Inc. CT$29.5M · 0.20%
Cavalry Investments, LLC CT$21.3M · 0.33%
Talivity, Inc CT$20.6M · 0.24%
The Workplace, Inc. CT$19.0M · 0.50%
Imagineers, L.L.C CT$14.0M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061600557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.