Plan Ledger DOL Form 5500 · updated monthly

Araca Merchandise L.P.401(k)

ARACA 401(K) SAVINGS & RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Araca Merchandise L.P. reported $37,708 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $1,512 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 rose from 0.03% to 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (3,655th of 5,648), and 2,683rd of 5,215 in retail trade. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 94 to 145 since 2022.

Plan summary
Net assets, end of year$9,676,006
Participants with balances120
Active participants145
Employer contributions$219,265
Employee contributions$426,224
Employer contribution per active participant$1,512
Average account balance$80,633
Benefits paid to participants$221,518
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 120 accts · $219K emplr
2023$8.0M · 121 accts · $146K emplr
2022$6.7M · 103 accts · $129K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,120
Investment management$34,588
Total administrative$37,708
The Araca Merchandise L.P. 401(k) match · 2024
Employer contribution per active participant$1,512
Median for plans this size$1,313
2024$1,512 per active participant
2023$1,132 per active participant
2022$1,377 per active participant

Araca Merchandise L.P.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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
ASCENSUS LLC · Loan processing · Recordkeeping$3,120
UBS FINANCIAL SERVICES INC. · Investment advisory (plan)$34,588

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
2023Ascensus

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

Administrative cost history3
2024$37,708 · 0.43%
2023$1,500 · 0.02%
2022$2,494 · 0.03%
Similar plansRetail Trade · New York
Hicks Nurseries, Inc. NY$10.1M · 0.24%
Parlux Holdings, Inc. NY$9.9M · 0.36%
Zabars & Co., Inc. NY$9.7M · 0.02%
Tom Ford Retail LLC NY$9.6M · 0.21%
Glossier, Inc. NY$9.5M · 0.84%
Hill & Markes, LLC. NY$9.2M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202121013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.