Plan Ledger DOL Form 5500 · updated monthly

Cwt US, LLC401(k)

CWT 401(K) PLAN · MINNETONKA, MN · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Cwt US, LLC reported $245,792 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $813 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 0.059% to 0.063%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other administrative & support services employers. By assets it is the 97th-largest of 1,918 plans among Minnesota employers on file, and the 60th of 2,534 in administrative & support services. In 2024, employees put in $6.67 for every $1.00 the employer contributed; active participation has shrunk from 2,634 to 2,126 since 2022.

Plan summary
Net assets, end of year$391,193,207
Participants with balances3,876
Active participants2,126
Employer contributions$1,729,134
Employee contributions$11,532,600
Employer contribution per active participant$813
Average account balance$100,927
Benefits paid to participants$58,557,430
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$391.2M · 3,876 accts · $1.7M emplr
2023$389.2M · 4,164 accts · $1.8M emplr
2022$356.7M · 4,405 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$202,892
Investment management$25,050
Audit (IQPA)$17,850
Total administrative$245,792
The Cwt US, LLC 401(k) match · 2024
Employer contribution per active participant$813
Median for plans this size$4,294
2024$813 per active participant
2023$761 per active participant
2022$1,516 per active participant

Cwt US, LLC's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 · 20244
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$202,817
AON CONSULTING, INC · Investment management$25,000
CLIFTONLARSONALLEN LLP · Accounting / audit$17,850
CHARLES SCHWAB & CO., INC. · Securities brokerage$699

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$245,792 · 0.06%
2023$318,161 · 0.09%
2022$234,918 · 0.06%
Same employer
Similar plansAdministrative & Support Services · Minnesota
Everon FL$398.0M · 0.01%
Fac Services, LLC WI$383.7M · 0.08%
Brightview Landscapes, LLC PA$378.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411880007 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.