Plan Ledger DOL Form 5500 · updated monthly

Caven Enterprises, Incorporated401(k)

CAVEN ENTERPRISES, INCORPORATED EMPLOYEES' OWNERSHIP PLAN · DALLAS, TX · plan year 2022

Reported admin expense ratio · 2022
0.50%

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

Caven Enterprises, Incorporated reported $86,282 in plan administrative expenses for 2022: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $204 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 0.50% to 1.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Texas (3,308th of 5,688), and the 652nd of 2,240 in accommodation & food services. In 2022, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,473,345
Participants with balances116
Active participants80
Employer contributions$16,311
Employee contributions$37,822
Employer contribution per active participant$204
Average account balance$73,046
Benefits paid to participants$18,252,451
Plan auditUnmodified (clean) audit opinion
AuditorVAIL & PARK P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 82 accts
2023$7.5M · 89 accts · $12K emplr
2022$8.5M · 116 accts · $16K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$77,977
Investment management$8,305
Total administrative$86,282
The Caven Enterprises, Incorporated 401(k) match · 2022
Employer contribution per active participant$204
Median for plans this size$2,266
2023$150 per active participant
2022$204 per active participant

Caven Enterprises, Incorporated's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$103,433 · 1.31%
2023$94,276 · 1.18%
2022$86,282 · 0.50%
Similar plansAccommodation & Food Services · Texas
Goode Cook, Inc. TX$8.6M · 0.66%
Ampex Brands TX$8.6M · 0.71%
Intelligent Brands, Inc. TX$8.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752029811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.