Plan Ledger DOL Form 5500 · updated monthly

Cardinal Management Group, Inc.401(k)

CARDINAL MANAGEMENT GROUP, INC. 401(K) PROFIT SHARING PLAN · WOODBRIDGE, VA · plan year 2023

Reported admin expense ratio · 2023
0.56%

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

Cardinal Management Group, Inc. reported $36,295 in plan administrative expenses for 2023: 0.56% of average plan assets, above the peer median. Employer contributions averaged $424 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 has held roughly steady near 0.561%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Virginia (1,646th of 2,266), and 1,319th of 2,096 in real estate & leasing. In 2023, employees put in $6.83 for every $1.00 the employer contributed; active participation has grown from 170 to 190 since 2022.

Plan summary
Net assets, end of year$7,246,032
Participants with balances212
Active participants190
Employer contributions$80,467
Employee contributions$549,901
Employer contribution per active participant$424
Average account balance$34,179
Benefits paid to participants$273,253
Plan auditUnmodified (clean) audit opinion
AuditorMATTHEWS, CARTER AND BOYCE, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $42K emplr
2023$7.2M · 212 accts · $80K emplr
2022$5.7M · 188 accts · $139K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,675
Investment management$29,620
Total administrative$36,295
The Cardinal Management Group, Inc. 401(k) match · 2023
Employer contribution per active participant$424
Median for plans this size$1,308
2023$424 per active participant
2022$819 per active participant

Cardinal Management Group, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MORGAN STANLEY · Investment advisory (plan)$29,620
JPMORGAN INVEST HOLDINGS LLC$5,100
THE RETIREMENT ADVANTAGE INC · Contract administrator$2,275

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

Administrative cost history3
2024Not separately reported
2023$36,295 · 0.56%
2022$34,447 · 0.56%
Same employer
Similar plansReal Estate & Leasing · Virginia
Nm Management, Inc. VA$8.5M · 0.75%
Mbh Settlement Group, Lc VA$6.9M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541442661 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.