Plan Ledger DOL Form 5500 · updated monthly

Cadent, LLC401(k)

CADENT, LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Cadent, LLC reported $136,387 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $2,526 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 0.32% to 0.19%. 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 833rd-largest of 5,648 plans among New York employers on file, and the 1,594th of 11,654 in professional & technical services. In 2024, employees put in $3.08 for every $1.00 the employer contributed; active participation has grown from 330 to 600 since 2022.

Plan summary
Net assets, end of year$94,831,628
Participants with balances450
Active participants600
Employer contributions$1,515,490
Employee contributions$4,664,970
Employer contribution per active participant$2,526
Average account balance$210,737
Benefits paid to participants$7,083,661
Plan auditUnmodified (clean) audit opinion
AuditorKREISCHER MILLER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$94.8M · 450 accts · $1.5M emplr
2023$47.8M · 479 accts · $1.3M emplr
2022$35.3M · 437 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,245
Investment management$44,925
Audit (IQPA)$17,217
Total administrative$136,387
The Cadent, LLC 401(k) match · 2024
Employer contribution per active participant$2,526
Median for plans this size$3,635
2024$2,526 per active participant
2023$3,559 per active participant
2022$3,527 per active participant

Cadent, LLC's 2024 employer contribution ran below the $3,635 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$74,245
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$32,500
KREISCHER MILLER · Accounting / audit$17,217
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,425

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$136,387 · 0.19%
2023$119,023 · 0.29%
2022$120,813 · 0.32%
Same employer
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Caerus US 1 Inc. NY$96.6M · 0.37%
Berdon LLP NY$96.0M
Iti, Inc. NY$95.7M · 0.13%
Moses & Singer LLP NY$94.1M · 0.07%
Betanxt, Inc. NY$91.6M · 0.16%
Garfunkel Wild PC NY$90.5M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260489194 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.