Plan Ledger DOL Form 5500 · updated monthly

Cardinal Systems, Inc.DC plan

CARDINAL SYSTEMS, INC 401(K) PLAN · SCHUYLKILL HAVEN, PA · plan year 2024

Reported admin expense ratio · 2024
1.18%

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

Cardinal Systems, Inc. reported $180,968 in plan administrative expenses for 2024: 1.18% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,101 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 0.01% to 1.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,789th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,385th of 5,337 in construction. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,712,091
Participants with balances250
Active participants210
Employer contributions$441,230
Employee contributions$714,835
Employer contribution per active participant$2,101
Average account balance$62,848
Benefits paid to participants$1,921,337
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.7M · 250 accts · $441K emplr
2023$14.9M · 287 accts · $196K emplr
2022$15.3M · 383 accts · $207K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150,120
Investment management$30,348
Total administrative$180,968
Employer contributions to the Cardinal Systems, Inc. plan · 2024
Employer contribution per active participant$2,101
Median for plans this size$2,416
2024$2,101 per active participant
2023$840 per active participant
2022$935 per active participant

Cardinal Systems, Inc.'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 · 20243
CBIZ INVESTMENT ADVISORY SERVICES L · Investment advisory (plan)$30,348
CBIZ BENEFITS & INS SERVICES INC · Contract administrator$27,098

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$180,968 · 1.18%
2023$25,072 · 0.17%
2022$1,787 · 0.01%
Same employer
Similar plansConstruction · Pennsylvania
Lep Psb Midco LLC PA$16.0M · 0.51%
Zartman Construction, Inc. PA$15.9M · 0.45%
Bath Saver, Inc. PA$15.0M · 0.57%
Dual Temp Company, Inc. PA$14.9M · 0.35%
Geo. W. Kistler, Inc PA$14.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232078490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.