Cygnus Home Service, LLC401(k)
CYGNUS HOME SERVICE RETIREMENT SAVINGS PLAN · MARSHALL, MN · plan year 2022
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Cygnus Home Service, LLC reported $469,407 in plan administrative expenses for 2022: 0.30% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,130 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 4 years on file its reported administrative ratio has held roughly steady near 0.297%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 221st-largest of 1,918 plans among Minnesota employers on file, and the 1,168th of 11,654 in professional & technical services. In 2022, employees put in $2.73 for every $1.00 the employer contributed.
Cygnus Home Service, LLC's 2022 employer contribution ran below the $3,449 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 410879087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.