401k Record

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CalAmp 401(k)

Recordkeeping fees per participant · Calamp Corp. Employees Savings Plan · plan year 2024

$113.39

Higher than 80% of the 5,847 plans $50 to 250M that report it.

Source

= $73,475 / 648
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015084709NAL0002121715001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015084709NAL0002121715001, received 2025-10-15

10th: $10.22median $69.9190th: $151.08

Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.

Cost and contributions

Administrative expenses excluding investment management, per participant

$113.39

10th: $16.21median $93.2090th: $246.84

Higher than 61% of the 8,758 plans $50 to 250M that report it.

Source

= $73,475 / 648
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015084709NAL0002121715001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015084709NAL0002121715001, received 2025-10-15

Administrative expenses per participant

$142.54

10th: $29.39median $132.8490th: $350.58

Higher than 54% of the 9,042 plans $50 to 250M that report it.

Source

= $92,365 / 648
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015084709NAL0002121715001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015084709NAL0002121715001, received 2025-10-15

Administrative expenses as a share of assets

0.122%

10th: 0.022%median 0.136%90th: 0.326%

Higher than 45% of the 9,049 plans $50 to 250M that report it.

Source

= $92,365 / $75,849,051
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015084709NAL0002121715001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015084709NAL0002121715001, received 2025-10-15

Employer contributions per participant

$1,329

10th: $965median $2,73890th: $8,164

Higher than 17% of the 9,105 plans $50 to 250M that report it.

Source

= $861,018 / 648
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015084709NAL0002121715001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015084709NAL0002121715001, received 2025-10-15

Employer share of total contributions

25.0%

10th: 15.6%median 29.5%90th: 50.6%

Higher than 35% of the 9,112 plans $50 to 250M that report it.

Source

= $861,018 / $3,443,874
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015084709NAL0002121715001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015084709NAL0002121715001, received 2025-10-15

Plan terms, as stated in CalAmp Corp.'s SEC filings

Plan terms are described in CalAmp Corp.'s SEC filings: Form 10-K filed 2023-04-28. No term could be quoted from them with the required precision.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015084709NAL0002121715001, received 2025-10-15

Full record, Calamp Corp. Employees Savings Plan

FieldValueSource
Plan sponsorCALAMP CORP.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015084709NAL0002121715001, received 2025-10-15
Plan nameCALAMP CORP. EMPLOYEES SAVINGS PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251015084709NAL0002121715001, received 2025-10-15
Sponsor EIN / plan number95-3647070 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015084709NAL0002121715001, received 2025-10-15
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015084709NAL0002121715001, received 2025-10-15
Sponsor locationCARLSBAD, CAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015084709NAL0002121715001, received 2025-10-15
Industry (business code)334200, ManufacturingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015084709NAL0002121715001, received 2025-10-15
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015084709NAL0002121715001, received 2025-10-15
Filing received2025-10-15Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015084709NAL0002121715001, received 2025-10-15
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015084709NAL0002121715001, received 2025-10-15
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251015084709NAL0002121715001, received 2025-10-15
Participants, beginning of year751Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015084709NAL0002121715001, received 2025-10-15
Active participants232Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015084709NAL0002121715001, received 2025-10-15
Participants, end of year669Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015084709NAL0002121715001, received 2025-10-15
Participants with an account balance648Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015084709NAL0002121715001, received 2025-10-15
Total assets, beginning of year$73,843,729Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015084709NAL0002121715001, received 2025-10-15
Total assets, end of year$75,849,051Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015084709NAL0002121715001, received 2025-10-15
Net assets, end of year$75,849,051Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015084709NAL0002121715001, received 2025-10-15
Total income$13,137,441Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015084709NAL0002121715001, received 2025-10-15
Net income$2,005,322Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015084709NAL0002121715001, received 2025-10-15
Employer contributions$861,018Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015084709NAL0002121715001, received 2025-10-15
Participant contributions$2,530,291Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015084709NAL0002121715001, received 2025-10-15
Other contributions (incl. rollovers)$52,565Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015084709NAL0002121715001, received 2025-10-15
Total contributions$3,443,874Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015084709NAL0002121715001, received 2025-10-15
Benefit payments$11,021,389Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015084709NAL0002121715001, received 2025-10-15
Total expenses (incl. benefit payments)$11,132,119Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015084709NAL0002121715001, received 2025-10-15
Total administrative expenses$92,365Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015084709NAL0002121715001, received 2025-10-15
Recordkeeping fees$73,475Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015084709NAL0002121715001, received 2025-10-15
Investment advisory and management fees$18,890Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015084709NAL0002121715001, received 2025-10-15
Administrative expenses excluding investment management$73,475derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015084709NAL0002121715001, received 2025-10-15
Held in common/collective trusts$11,584,248Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015084709NAL0002121715001, received 2025-10-15
Held in mutual funds$63,679,481Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015084709NAL0002121715001, received 2025-10-15
Independent auditorGREEN HASSON & JANKS LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015084709NAL0002121715001, received 2025-10-15

Position = column in the DOL layout for form year 2024. Filing 20251015084709NAL0002121715001, received 2025-10-15.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
ADP, INC.recordkeeperRECORD KEEPER 37 Participant loan processing; 50 Direct payment from the plan; 15 Recordkeeping and information management; 64 Recordkeeping fees $73,475yes
GGF, LLPrecordkeeperACCOUNTANT 15 Recordkeeping and information management; 17 Consulting (pension); 50 Direct payment from the plan; 64 Recordkeeping fees; 70 Consulting fees $18,890no
ADP BROKER-DEALERrecordkeeperRECORD KEEPER 60 Sub-transfer agency fees; 59 Shareholder servicing fees $0yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015084709NAL0002121715001, received 2025-10-15.

What changed since the 2023 plan year

Figure20232024Change
Total assets$73,843,729$75,849,0512.7%
Participants with a balance728648-11.0%
Administrative expenses$101,827$92,365-9.3%
Recordkeeping fees per participant$110.30$113.392.8%
Employer contributions$1,124,166$861,018-23.4%

Prior filing 20241014103541NAL0014777891001, received 2024-10-14; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: CALAMP CORP.; SEC registrant: CalAmp Corp. (CIK 730255, matched by EIN).