Plan Ledger DOL Form 5500 · updated monthly

Cypress Creek Renewables, LLC401(k)

CYPRESS CREEK 401(K) PLAN · SANTA MONICA, CA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Cypress Creek Renewables, LLC reported $175,194 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $7,045 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 3 years on file its reported administrative ratio has held roughly steady near 0.372%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 1,750th-largest of 9,483 plans among California employers on file, and the 180th of 412 in utilities. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,813,527
Participants with balances703
Active participants401
Employer contributions$2,825,069
Employee contributions$4,712,537
Employer contribution per active participant$7,045
Average account balance$72,281
Benefits paid to participants$8,449,157
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.8M · 703 accts · $2.8M emplr
2023$43.4M · 678 accts · $4.1M emplr
2022$29.6M · 617 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,213
Investment management$94,287
Audit (IQPA)$2,694
Total administrative$175,194
The Cypress Creek Renewables, LLC 401(k) match · 2024
Employer contribution per active participant$7,045
Median for plans this size$2,416
2024$7,045 per active participant
2023$10,373 per active participant
2022$9,328 per active participant

Cypress Creek Renewables, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$79,748
CREATIVE PLANNING HOLDCO LLC · Investment management$72,941
LOCKTON INVESTMENT ADVISORS · Investment management$19,338
CHARLES SCHWAB & CO., INC. · Securities brokerage$108

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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Administrative cost history3
2024$175,194 · 0.37%
2023$127,917 · 0.35%
2022$114,099 · 0.37%
Same employer
Similar plansUtilities · California
Edf Renewables CA$123.2M · 0.12%
Clean Energy CA$75.9M · 0.13%
Borrego Energy, LLC CA$27.5M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465665726 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.