Plan Ledger DOL Form 5500 · updated monthly

Cyberoptics Corporation401(k)

CYBEROPTICS CORPORATION RETIREMENT SAVINGS PLAN · MINNEAPOLIS, MN · plan year 2023

Reported admin expense ratio · 2023
0.24%

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

Cyberoptics Corporation reported $64,768 in plan administrative expenses for 2023: 0.24% of average plan assets, below the peer median. Employer contributions averaged $3,002 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 has held roughly steady near 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 732nd-largest of 1,918 plans among Minnesota employers on file, and the 4,763rd of 13,661 in manufacturing. In 2023, employees put in $3.69 for every $1.00 the employer contributed; active participation has shrunk from 110 to 98 since 2022.

Plan summary
Net assets, end of year$27,798,913
Participants with balances144
Active participants98
Employer contributions$294,225
Employee contributions$1,084,378
Employer contribution per active participant$3,002
Average account balance$193,048
Benefits paid to participants$4,949,276
Plan auditUnmodified (clean) audit opinion
AuditorMEADEN&MOORE,LTD
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $150K emplr
2023$27.8M · 144 accts · $294K emplr
2022$26.2M · 161 accts · $346K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$33,409
Investment management$31,359
Total administrative$64,768
The Cyberoptics Corporation 401(k) match · 2023
Employer contribution per active participant$3,002
Median for plans this size$2,440
2023$3,002 per active participant
2022$3,147 per active participant

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

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$33,409
CHRISTENSEN GROUP FINANCIAL LLC · Investment advisory (plan)$30,000

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

Administrative cost history3
2024Not separately reported
2023$64,768 · 0.24%
2022$67,556 · 0.23%
Similar plansManufacturing · Minnesota
Tony Downs Foods Company MN$28.2M · 0.46%
Donatelle Plastics, Inc. MN$28.1M · 0.26%
Nortech Systems Inc. MN$27.9M · 0.38%
Schwing America, Inc. MN$27.8M · 0.02%
Clow Stamping Company MN$26.9M · 0.32%
Wizards Nuts Inc. MN$26.7M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411472057 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.