Plan Ledger DOL Form 5500 · updated monthly

Cyanco Holding Corporation401(k)

CYANCO 401(K) PLAN · SUGAR LAND, TX · plan year 2023

Reported admin expense ratio · 2023
0.32%

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

Cyanco Holding Corporation reported $38,663 in plan administrative expenses for 2023: 0.32% of average plan assets, above the peer median. Employer contributions averaged $7,498 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 fell from 0.29% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 2,648th-largest of 5,688 plans among Texas employers on file, and 377th of 612 in mining, oil & gas extraction. In 2023, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,067,652
Participants with balances131
Active participants82
Employer contributions$614,848
Employee contributions$954,887
Employer contribution per active participant$7,498
Average account balance$99,753
Benefits paid to participants$2,852,131
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 128 accts · $1.0M emplr
2023$13.1M · 131 accts · $615K emplr
2022$11.0M · 133 accts · $683K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,891
Total administrative$38,663
The Cyanco Holding Corporation 401(k) match · 2023
Employer contribution per active participant$7,498
Median for plans this size$2,440
2024$12,513 per active participant
2023$7,498 per active participant
2022$8,540 per active participant

Cyanco Holding Corporation's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
SOUTHWEST BUSINESS CORPORATION · Investment advisory (plan)$22,772
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$15,891

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$23,242 · 0.18%
2023$38,663 · 0.32%
2022$35,357 · 0.29%
Similar plansMining, Oil & Gas Extraction · Texas
Fleur de Lis Energy, L.L.C. TX$15.1M · 0.48%
Spur Energy Partners LLC TX$13.9M · 0.33%
Grayson Mill Operating, LLC TX$13.3M · 0.66%
Orion Pacific, Inc. TX$13.1M · 0.29%
Atlas Sand Company, LLC TX$13.0M · 0.47%
Aegsi Holdings LLC TX$12.7M · 0.52%
White Rock Oil & Gas, LLC TX$12.6M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263314815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.