401k Record

Employers › CradlePoint

CradlePoint 401(k)

Recordkeeping fees per participant · Cradlepoint 401(k) Plan · plan year 2023

$72.42

Higher than 58% of the 4,947 plans $50 to 250M that report it.

Source

= $91,688 / 1,266
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20241219154849NAL0007738912001, received 2024-12-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241219154849NAL0007738912001, received 2024-12-19

10th: $8.41median $63.4890th: $135.70

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 2023-01-01 to 2023-12-31, filing received 2024-12-19.

Cost and contributions

Administrative expenses excluding investment management, per participant

$101.83

10th: $13.75median $85.0490th: $218.08

Higher than 61% of the 7,895 plans $50 to 250M that report it.

Source

= $128,913 / 1,266
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241219154849NAL0007738912001, received 2024-12-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241219154849NAL0007738912001, received 2024-12-19

Administrative expenses per participant

$101.83

10th: $24.55median $117.4690th: $313.64

Higher than 42% of the 8,189 plans $50 to 250M that report it.

Source

= $128,913 / 1,266
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241219154849NAL0007738912001, received 2024-12-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241219154849NAL0007738912001, received 2024-12-19

Administrative expenses as a share of assets

0.124%

10th: 0.021%median 0.131%90th: 0.317%

Higher than 48% of the 8,206 plans $50 to 250M that report it.

Source

= $128,913 / $103,681,789
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241219154849NAL0007738912001, received 2024-12-19
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241219154849NAL0007738912001, received 2024-12-19

Employer contributions per participant

$4,440

10th: $929median $2,69190th: $7,878

Higher than 73% of the 8,268 plans $50 to 250M that report it.

Source

= $5,621,158 / 1,266
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241219154849NAL0007738912001, received 2024-12-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241219154849NAL0007738912001, received 2024-12-19

Employer share of total contributions

22.2%

10th: 16.1%median 29.9%90th: 51.4%

Higher than 25% of the 8,285 plans $50 to 250M that report it.

Source

= $5,621,158 / $25,289,846
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241219154849NAL0007738912001, received 2024-12-19
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241219154849NAL0007738912001, received 2024-12-19

Plan terms, as stated in CradlePoint Inc's SEC filings

Plan terms are not published in public filings.

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 20241219154849NAL0007738912001, received 2024-12-19

Full record, Cradlepoint 401(k) Plan

FieldValueSource
Plan sponsorCRADLEPOINT, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20241219154849NAL0007738912001, received 2024-12-19
Plan nameCRADLEPOINT 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20241219154849NAL0007738912001, received 2024-12-19
Sponsor EIN / plan number68-0633402 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20241219154849NAL0007738912001, received 2024-12-19
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20241219154849NAL0007738912001, received 2024-12-19
Sponsor locationBOISE, IDForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20241219154849NAL0007738912001, received 2024-12-19
Industry (business code)334200, ManufacturingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20241219154849NAL0007738912001, received 2024-12-19
Plan year2023-01-01 to 2023-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20241219154849NAL0007738912001, received 2024-12-19
Filing received2024-12-19Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20241219154849NAL0007738912001, received 2024-12-19
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20241219154849NAL0007738912001, received 2024-12-19
Amended filingyesForm 5500, Part I line B; AMENDED_IND pos 7; filing 20241219154849NAL0007738912001, received 2024-12-19
Participants, beginning of year1,203Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20241219154849NAL0007738912001, received 2024-12-19
Active participants1,131Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20241219154849NAL0007738912001, received 2024-12-19
Participants, end of year1,299Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20241219154849NAL0007738912001, received 2024-12-19
Participants with an account balance1,266Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241219154849NAL0007738912001, received 2024-12-19
Total assets, beginning of year$67,243,092Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20241219154849NAL0007738912001, received 2024-12-19
Total assets, end of year$103,681,789Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241219154849NAL0007738912001, received 2024-12-19
Net assets, end of year$103,681,789Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20241219154849NAL0007738912001, received 2024-12-19
Total income$40,208,066Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20241219154849NAL0007738912001, received 2024-12-19
Net income$36,438,697Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20241219154849NAL0007738912001, received 2024-12-19
Employer contributions$5,621,158Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241219154849NAL0007738912001, received 2024-12-19
Participant contributions$15,943,562Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20241219154849NAL0007738912001, received 2024-12-19
Other contributions (incl. rollovers)$3,725,126Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20241219154849NAL0007738912001, received 2024-12-19
Total contributions$25,289,846Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241219154849NAL0007738912001, received 2024-12-19
Benefit payments$3,640,456Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20241219154849NAL0007738912001, received 2024-12-19
Total expenses (incl. benefit payments)$3,769,369Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20241219154849NAL0007738912001, received 2024-12-19
Total administrative expenses$128,913Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241219154849NAL0007738912001, received 2024-12-19
Recordkeeping fees$91,688Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20241219154849NAL0007738912001, received 2024-12-19
Administrative expenses excluding investment management$128,913derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241219154849NAL0007738912001, received 2024-12-19
Held in common/collective trusts$76,376,089Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20241219154849NAL0007738912001, received 2024-12-19
Held in mutual funds$25,590,514Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20241219154849NAL0007738912001, received 2024-12-19
Independent auditorCLIFTONLARSONALLEN LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20241219154849NAL0007738912001, received 2024-12-19

Position = column in the DOL layout for form year 2023. Filing 20241219154849NAL0007738912001, received 2024-12-19.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
T ROWE PRICE RPS INCrecordkeeperNONE 15 Recordkeeping and information management; 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 28 Investment management; 37 Participant loan processing; 38 Participant communication; 49 Other services; 50 Direct payment from the plan; 52 Investment management fees paid indirectly by plan; 59 Shareholder servicing fees; 62 Float revenue; 64 Recordkeeping fees; 65 Account maintenance fees $91,688yes
MERCERNONE 16 Consulting (general); 50 Direct payment from the plan $25,676no

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 20241219154849NAL0007738912001, received 2024-12-19.

No filing for the previous plan year is in the data, so there is no year-over-year comparison.

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Sponsor name as filed: CRADLEPOINT, INC.; SEC registrant: CradlePoint Inc (CIK 1416364, matched by EIN).