Plan Ledger DOL Form 5500 · updated monthly

Cytek Biosciences401(k)

CYTEK BIOSCIENCES 401(K) RETIREMENT PLAN · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Cytek Biosciences reported $39,699 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $5,726 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 0.27% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,852nd-largest of 9,483 plans among California employers on file, and the 4,776th of 13,661 in manufacturing. In 2024, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,691,519
Participants with balances357
Active participants282
Employer contributions$1,614,702
Employee contributions$3,825,826
Employer contribution per active participant$5,726
Average account balance$77,567
Benefits paid to participants$3,271,253
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.7M · 357 accts · $1.6M emplr
2023$22.2M · 341 accts · $1.6M emplr
2022$13.8M · 259 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,699
Total administrative$39,699
The Cytek Biosciences 401(k) match · 2024
Employer contribution per active participant$5,726
Median for plans this size$2,416
2024$5,726 per active participant
2023$4,756 per active participant
2022$4,016 per active participant

Cytek Biosciences'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 · 20242
T ROWE PRICE RPS INC · Recordkeeping · Trustee$3,350
LPL · Investment managementindirect comp

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$39,699 · 0.16%
2023$29,275 · 0.16%
2022$34,599 · 0.27%
Same employer
Similar plansManufacturing · California
Baker Commodities, Inc. CA$27.9M · 0.17%
Atx Networks (Dallas) Corp. CA$27.9M · 0.28%
Nongshim Holdings USA, Inc. CA$27.7M · 0.36%
Kern Oil & Refining Company CA$27.7M · 0.22%
Element Biosciences, Inc. CA$27.5M · 0.50%
Capstone Green Energy, LLC CA$27.4M · 0.35%
Bega North America, Inc. CA$27.2M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 472547526 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.