Plan Ledger DOL Form 5500 · updated monthly

Careington International Corporation401(k)

CAREINGTON 401(K) PLAN · FRISCO, TX · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Careington International Corporation reported $73,312 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $754 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 0.45% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,587th-largest of 5,688 plans among Texas employers on file, and 2,473rd of 4,798 in finance & insurance. In 2024, employees put in $5.80 for every $1.00 the employer contributed; active participation has grown from 457 to 623 since 2022.

Plan summary
Net assets, end of year$28,698,034
Participants with balances622
Active participants623
Employer contributions$469,771
Employee contributions$2,726,720
Employer contribution per active participant$754
Average account balance$46,138
Benefits paid to participants$3,060,122
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.7M · 622 accts · $470K emplr
2023$24.2M · 534 accts · $488K emplr
2022$18.7M · 492 accts · $404K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,073
Investment management$4,239
Total administrative$73,312
The Careington International Corporation 401(k) match · 2024
Employer contribution per active participant$754
Median for plans this size$2,416
2024$754 per active participant
2023$975 per active participant
2022$885 per active participant

Careington International Corporation'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$69,686

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$73,312 · 0.28%
2023$83,631 · 0.39%
2022$88,584 · 0.45%
Same employer
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Onethirtyone LLC TX$31.0M · 0.09%
Bbg, Inc. TX$30.9M · 0.20%
Silver Ventures, Inc. TX$28.6M · 0.52%
Aes Drilling Fluids, LLC TX$28.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752425662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.