Plan Ledger DOL Form 5500 · updated monthly

Cardinal Glass Industries401(k)

CARDINAL CASH-IN II PLAN · EDEN PRAIRIE, MN · plan year 2025

Reported admin expense ratio · 2025
0.11%

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

Cardinal Glass Industries reported $785,338 in plan administrative expenses for 2025: 0.11% of average plan assets, above the peer median. Employer contributions averaged $3,295 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 3 years on file its reported administrative ratio fell from 0.13% to 0.11%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other manufacturing employers. By assets it is the 56th-largest of 1,918 plans among Minnesota employers on file, and the 393rd of 13,661 in manufacturing. In 2025, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$807,761,129
Participants with balances9,218
Active participants7,975
Employer contributions$26,278,507
Employee contributions$46,831,721
Employer contribution per active participant$3,295
Average account balance$87,629
Benefits paid to participants$58,767,568
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$807.8M · 9,218 accts · $26.3M emplr
2024$676.5M · 9,252 accts · $21.8M emplr
2023$597.0M · 9,495 accts · $18.6M emplr
2022$502.4M · 9,842 accts · $20.5M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$725,452
Investment management$59,886
Total administrative$785,338
The Cardinal Glass Industries 401(k) match · 2025
Employer contribution per active participant$3,295
Median for plans this size$4,295
2025$3,295 per active participant
2024$2,790 per active participant
2023$2,394 per active participant
2022$2,456 per active participant

Cardinal Glass Industries's 2025 employer contribution ran below the $4,295 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$725,452
ADVANCED CAPITAL GROUP · Investment advisory (plan)$59,886

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

Administrative cost history4
2025$785,338 · 0.11%
2024$578,049 · 0.09%
2023$609,693 · 0.11%
2022$666,204 · 0.13%
All plans at this employer2
CARDINAL CASH-IN II PLAN401(k)
CARDINAL RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Minnesota
Polaris Industries Inc. MN$1.1B · 0.06%
Donaldson Company, Inc. MN$942.7M · 0.06%
Taylor Corporation MN$910.3M · 0.05%
Entegris, Inc. MN$880.8M · 0.04%
Mac Arthur Co MN$729.3M · 0.02%
Nvent Management Company MN$728.6M · 0.02%
Schwans Shared Services, LLC MN$631.9M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411989305 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.