Plan Ledger DOL Form 5500 · updated monthly

Carabetta Management Company401(k)

CARABETTA GROUP 401(K) PROFIT SHARING PLAN · MERIDEN, CT · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Carabetta Management Company reported $57,443 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,581 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 0.25% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 542nd-largest of 1,106 plans among Connecticut employers on file, and the 641st of 2,096 in real estate & leasing. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 342 to 408 since 2022.

Plan summary
Net assets, end of year$20,990,379
Participants with balances522
Active participants408
Employer contributions$645,007
Employee contributions$915,451
Employer contribution per active participant$1,581
Average account balance$40,211
Benefits paid to participants$2,564,181
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.0M · 522 accts · $645K emplr
2023$20.1M · 453 accts · $611K emplr
2022$17.4M · 452 accts · $590K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,090
Investment management$45,353
Total administrative$57,443
The Carabetta Management Company 401(k) match · 2024
Employer contribution per active participant$1,581
Median for plans this size$2,416
2024$1,581 per active participant
2023$1,772 per active participant
2022$1,726 per active participant

Carabetta Management Company's 2024 employer contribution ran below the $2,416 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
WILMINGTON TRUST NATIONAL ASSOC · Investment advisory (plan)$45,353
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,090

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$57,443 · 0.28%
2023$42,774 · 0.23%
2022$47,429 · 0.25%
Same employer
Similar plansReal Estate & Leasing · Connecticut
Ashforth Properties Inc. CT$43.3M · 0.00%
Eagle Leasing Company CT$33.5M · 0.19%
Somerset Capital Group, LTD CT$23.8M · 0.18%
Chestnut Hill South LLC CT$17.0M · 0.01%
The Simon Konover Company CT$16.7M · 1.11%
Blt Management, LLC CT$14.3M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 061098566 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.