Plan Ledger DOL Form 5500 · updated monthly

Carrington Holding Company, LLC401(k)

CARRINGTON 401(K) PLAN · ALISO VIEJO, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Carrington Holding Company, LLC reported $83,904 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $1,456 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 0.08% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 816th-largest of 9,483 plans among California employers on file, and the 817th of 4,798 in finance & insurance. In 2024, employees put in $4.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$128,555,168
Participants with balances2,911
Active participants2,646
Employer contributions$3,853,829
Employee contributions$17,220,875
Employer contribution per active participant$1,456
Average account balance$44,162
Benefits paid to participants$13,789,051
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$128.6M · 2,911 accts · $3.9M emplr
2023$105.4M · 2,931 accts · $3.1M emplr
2022$79.1M · 3,104 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,904
Total administrative$83,904
The Carrington Holding Company, LLC 401(k) match · 2024
Employer contribution per active participant$1,456
Median for plans this size$3,635
2024$1,456 per active participant
2023$1,174 per active participant
2022$1,569 per active participant

Carrington Holding Company, LLC's 2024 employer contribution ran below the $3,635 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$83,904

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$83,904 · 0.07%
2023$72,875 · 0.08%
2022$66,010 · 0.08%
Similar plansFinance & Insurance · California
Kinecta Federal Credit Union CA$136.1M · 0.12%
Pantheon Freedom, Inc. CA$133.6M · 0.16%
Pacific Premier Bank CA$131.5M · 0.40%
Heffernan Insurance Brokers CA$129.7M · 0.03%
Patelco Credit Union CA$127.7M · 0.34%
Payden & Rygel CA$124.3M · 0.10%
California Credit Union CA$123.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752703422 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.