Plan Ledger DOL Form 5500 · updated monthly

Cargroup Holdings, LLC401(k)

CARGROUP HOLDINGS, LLC 401(K) PLAN · SPRINGFIELD, PA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Cargroup Holdings, LLC reported $19,837 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,836 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 0.32% to 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,416th of 3,651), and 2,866th of 5,215 in retail trade. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has shrunk from 404 to 323 since 2022.

Plan summary
Net assets, end of year$8,861,732
Participants with balances225
Active participants323
Employer contributions$593,059
Employee contributions$1,070,266
Employer contribution per active participant$1,836
Average account balance$39,385
Benefits paid to participants$888,517
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 225 accts · $593K emplr
2023$7.0M · 247 accts · $646K emplr
2022$5.2M · 237 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,837
Total administrative$19,837
The Cargroup Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$1,836
Median for plans this size$1,313
2024$1,836 per active participant
2023$1,622 per active participant
2022$2,476 per active participant

Cargroup Holdings, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$19,837
ADP BROKER-DEALERindirect 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$19,837 · 0.25%
2023$17,307 · 0.28%
2022$15,807 · 0.32%
Same employer
Similar plansRetail Trade · Pennsylvania
Sac, Inc. PA$9.2M · 0.04%
Pwp Enterprises, Inc. PA$9.0M · 0.65%
Park Avenue Motor Cars PA$8.6M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800659216 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.