Plan Ledger DOL Form 5500 · updated monthly

Cybertech Inc401(k)

CYBERTECH INC 401(K) PROFIT SHARING PLAN & TRUST · PLYMOUTH, MI · plan year 2022

Reported admin expense ratio · 2022
1.81%

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

Cybertech Inc reported $4,596 in plan administrative expenses for 2022: 1.81% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (2,576th of 2,619), and 11,508th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$276,879
Participants with balances36
Active participants76
Employer contributions$0
Employee contributions$200,021
Employer contribution per active participant$0
Average account balance$7,691
Benefits paid to participants$53,455
Plan auditUnmodified (clean) audit opinion
AuditorCOLE, NEWTON, AND DURAN CPAS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,596
Total administrative$4,596
The Cybertech Inc 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Cybertech Inc's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,596 · 1.81%
Similar plansProfessional & Technical Services · Michigan
Rb Buyer I MI$661K · 0.37%
Vista Springs LLC MI$600K · 0.01%
Kirby Services, LLC MI$415K · 1.94%
Tohme Management LLC MI$118K · 1.19%
Pg Group LLC MI$82K · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383230655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.