Plan Ledger DOL Form 5500 · updated monthly

Cybertrol Engineering LLC401(k)

CYBERTROL 401(K) PROFIT SHARING PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Cybertrol Engineering LLC reported $37,884 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $3,732 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 1 year on file its reported administrative ratio fell from 0.32% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Minnesota (1,123rd of 1,918), and 6,891st of 11,654 in professional & technical services. In 2024, employees put in $2.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,765,081
Participants with balances147
Active participants84
Employer contributions$313,491
Employee contributions$907,799
Employer contribution per active participant$3,732
Average account balance$93,640
Benefits paid to participants$935,848
Plan auditUnmodified (clean) audit opinion
AuditorSCHLENNER WENNER & CO.
Plan history2
Yearassets · accounts · employer contribution
2024$13.8M · 147 accts · $313K emplr
2023$12.0M · 157 accts · $600K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,460
Investment management$21,424
Total administrative$37,884
The Cybertrol Engineering LLC 401(k) match · 2024
Employer contribution per active participant$3,732
Median for plans this size$2,416
2024$3,732 per active participant
2023$5,612 per active participant

Cybertrol Engineering LLC's 2024 employer contribution ran above 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 · 20242
JOHN HANCOCK · Recordkeeping · Loan processing$16,459
SAGEVIEW ADVISORY GROUP, LLC · Investment management$21,424

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history2
2024$37,884 · 0.29%
2023$35,146 · 0.32%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Ema Group, Inc. MN$14.4M · 0.02%
Gislason & Hunter LLP MN$14.3M · 0.43%
Sambatek, LLC MN$14.0M · 0.54%
Dc Group, Inc. MN$13.7M · 0.57%
Learners Edge, LLC MN$13.6M · 0.37%
Stubbe & Associates, Inc. MN$13.5M · 0.43%
Novus Media LLC MN$13.3M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411831981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.