Plan Ledger DOL Form 5500 · updated monthly

Cathedral Corporation401(k)

CATHEDRAL CORPORATION RETIREMENT SAVINGS PLAN · ROME, NY · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Cathedral Corporation reported $124,184 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,209 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 3 years on file its reported administrative ratio has held roughly steady near 0.503%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 2,174th-largest of 5,648 plans among New York employers on file, and the 510th of 2,534 in administrative & support services. In 2024, employees put in $3.63 for every $1.00 the employer contributed; active participation has grown from 207 to 260 since 2022.

Plan summary
Net assets, end of year$25,505,502
Participants with balances278
Active participants260
Employer contributions$314,227
Employee contributions$1,140,784
Employer contribution per active participant$1,209
Average account balance$91,746
Benefits paid to participants$3,012,022
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.5M · 278 accts · $314K emplr
2023$23.9M · 262 accts · $348K emplr
2022$21.3M · 234 accts · $401K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,869
Investment management$120,315
Total administrative$124,184
The Cathedral Corporation 401(k) match · 2024
Employer contribution per active participant$1,209
Median for plans this size$2,416
2024$1,209 per active participant
2023$1,481 per active participant
2022$1,939 per active participant

Cathedral 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 · 20242
ADIRONDACK FINANCIAL SERVICES CORP · Investment advisory (plan)$120,315
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,869

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$124,184 · 0.50%
2023$112,734 · 0.50%
2022$115,491 · 0.50%
Same employer
Similar plansAdministrative & Support Services · New York
First Protocol, Inc. NY$27.6M · 0.54%
B-Tds, Inc. NY$26.7M · 0.03%
Acara Solutions, Inc. NY$24.9M · 0.29%
Aero Operating LLC NY$24.4M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 140576820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.