Plan Ledger DOL Form 5500 · updated monthly

Cardenas Markets LLC401(k)

CARDENAS MARKETS LLC 401(K) PLAN · ONTARIO, CA · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Cardenas Markets LLC reported $83,740 in plan administrative expenses for 2024: 0.79% of average plan assets, higher than ~90% of peers. Employer contributions averaged $291 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 0.84% to 0.79%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (4,841st of 9,483), and the 2,189th of 5,215 in retail trade. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,638,713
Participants with balances941
Active participants4,881
Employer contributions$1,419,022
Employee contributions$2,488,199
Employer contribution per active participant$291
Average account balance$13,431
Benefits paid to participants$1,000,442
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 941 accts · $1.4M emplr
2023$8.7M · 810 accts
2022$6.9M · 667 accts · $98K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,809
Investment management$1,931
Total administrative$83,740
The Cardenas Markets LLC 401(k) match · 2024
Employer contribution per active participant$291
Median for plans this size$2,416
2024$291 per active participant
2022$21 per active participant

Cardenas Markets LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
ADP, INC. · Loan processing · Recordkeeping$83,740
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$83,740 · 0.79%
2023$84,954 · 1.09%
2022$56,886 · 0.84%
Similar plansRetail Trade · California
Signal Products, Inc. CA$12.9M · 0.03%
Vista Ford Inc. CA$12.9M · 0.54%
Chuck Patterson, Inc. CA$12.8M · 1.00%
Lumens, Inc. CA$12.5M · 0.60%
Commerce Media Holdings CA$12.4M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813888170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.