Plan Ledger DOL Form 5500 · updated monthly

Cypress Hcm Inc.401(k)

CYPRESS HCM INC 401(K) PROFIT SHARING PLAN AND TRUST · WALNUT CREEK, CA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Cypress Hcm Inc. reported $27,369 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $620 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 fell from 0.53% to 0.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,890th of 9,483), and 8,508th of 11,654 in professional & technical services. In 2024, employees put in $5.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,484,966
Participants with balances154
Active participants286
Employer contributions$177,356
Employee contributions$1,021,351
Employer contribution per active participant$620
Average account balance$55,097
Benefits paid to participants$419,117
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 154 accts · $177K emplr
2023$6.1M · 178 accts · $158K emplr
2022$4.2M · 119 accts · $127K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,369
Total administrative$27,369
The Cypress Hcm Inc. 401(k) match · 2024
Employer contribution per active participant$620
Median for plans this size$1,313
2024$620 per active participant
2023$584 per active participant
2022$469 per active participant

Cypress Hcm Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$17,453
PENTEGRA SERVICES INC · Contract administrator$5,645
EMPOWER ADVISORY GROUP, LLC · Investment management$4,205
LEAFHOUSE FINANCIAL ADVISORS,LLC$3,491
EMPOWR ANNUITY INSURANCE COMPANY OF$920

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

Administrative cost history3
2024$27,369 · 0.38%
2023$25,378 · 0.49%
2022$22,199 · 0.53%
Same employer
Similar plansProfessional & Technical Services · California
Ignition Creative, LLC CA$8.6M · 0.29%
Rapattoni Corporation CA$8.5M · 1.43%
Chromadex, Inc. CA$8.5M · 0.54%
Forward Networks, Inc. CA$8.5M · 0.84%
Akasa, Inc. CA$8.4M · 0.05%
Lilomi, Inc. CA$8.4M · 0.49%
Rhombus Power, Inc CA$8.4M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820852673 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.