Plan Ledger DOL Form 5500 · updated monthly

Cypress Healthcare Partners, LLC401(k)

CYPRESS/DOD 401(K) PLAN · MONTEREY, CA · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Cypress Healthcare Partners, LLC reported $174,688 in plan administrative expenses for 2024: 0.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $377 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 0.93% to 0.82%. 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 the 3,246th-largest of 9,483 plans among California employers on file, and the 4,977th of 11,654 in professional & technical services. In 2024, employees put in $5.71 for every $1.00 the employer contributed; active participation has grown from 772 to 1,087 since 2022.

Plan summary
Net assets, end of year$23,503,904
Participants with balances766
Active participants1,087
Employer contributions$409,360
Employee contributions$2,336,987
Employer contribution per active participant$377
Average account balance$30,684
Benefits paid to participants$1,648,084
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHEC(K) CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$23.5M · 766 accts · $409K emplr
2023$19.2M · 91 accts · $322K emplr
2022$15.1M · 587 accts · $247K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$174,688
Total administrative$174,688
The Cypress Healthcare Partners, LLC 401(k) match · 2024
Employer contribution per active participant$377
Median for plans this size$2,416
2024$377 per active participant
2023$430 per active participant
2022$320 per active participant

Cypress Healthcare Partners, LLC's 2024 employer contribution ran below the $2,416 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 · 20244
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$59,502
ASCENSUS LLC · Recordkeeping$2
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$74,173
PENTEGRA RETIREMENT SERVICES · Plan administrator$54,862

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

Recordkeeper by year2
2024Ascensus, Vanguard
2023Ascensus, Vanguard

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

Administrative cost history3
2024$174,688 · 0.82%
2023$141,320 · 0.83%
2022$154,596 · 0.93%
Same employer
Similar plansProfessional & Technical Services · California
Lido Consulting, LLC CA$23.6M · 0.00%
Dyntek, Inc. CA$23.6M · 0.27%
Together Labs CA$23.4M · 0.02%
SA Photonics, Inc. CA$23.4M · 0.05%
Quad Knopf, Inc. CA$23.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770437373 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.