Plan Ledger DOL Form 5500 · updated monthly

Cyrusone LLC401(k)

CYRUSONE 401(K) SAVINGS PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Cyrusone LLC reported $185,687 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,605 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 0.35% to 0.32%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 899th-largest of 5,688 plans among Texas employers on file, and the 2,222nd of 11,654 in professional & technical services. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has grown from 397 to 480 since 2022.

Plan summary
Net assets, end of year$64,351,064
Participants with balances588
Active participants480
Employer contributions$3,650,376
Employee contributions$4,974,917
Employer contribution per active participant$7,605
Average account balance$109,441
Benefits paid to participants$5,916,101
Plan history3
Yearassets · accounts · employer contribution
2024$64.4M · 588 accts · $3.7M emplr
2023$51.4M · 540 accts · $3.1M emplr
2022$40.1M · 493 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$185,687
Total administrative$185,687
The Cyrusone LLC 401(k) match · 2024
Employer contribution per active participant$7,605
Median for plans this size$3,635
2024$7,605 per active participant
2023$7,349 per active participant
2022$4,959 per active participant

Cyrusone LLC's 2024 employer contribution ran above the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$185,686
AXA ADVISORS, LLC. · Investment advisory (plan)indirect comp

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$185,687 · 0.32%
2023$166,389 · 0.36%
2022$151,058 · 0.35%
Same employer
Similar plansProfessional & Technical Services · Texas
Upland Software, Inc. TX$65.2M · 0.42%
Rps Americas, Inc. TX$64.8M · 0.05%
McGinnis Lochridge LLP TX$64.6M · 0.24%
Khoros TX$63.2M · 0.21%
Huckabee & Associates, Inc. TX$62.5M · 0.36%
Idera, Inc. TX$61.7M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274286158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.