Plan Ledger DOL Form 5500 · updated monthly

City Mill Company, Limited401(k)

CITY MILL COMPANY, LIMITED PROFIT SHARING 401(K) PLAN · HONOLULU, HI · plan year 2023

Reported admin expense ratio · 2023
0.69%

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

City Mill Company, Limited reported $87,574 in plan administrative expenses for 2023: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,272 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 0.96% to 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Hawaii (140th of 269), and the 2,052nd of 5,215 in retail trade. In 2023, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,672,571
Participants with balances329
Active participants241
Employer contributions$306,644
Employee contributions$547,267
Employer contribution per active participant$1,272
Average account balance$41,558
Benefits paid to participants$747,042
Plan auditUnmodified (clean) audit opinion
AuditorKMH LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 306 accts · $300K emplr
2023$13.7M · 329 accts · $307K emplr
2022$11.7M · 337 accts · $312K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$34,016
Investment management$37,872
Audit (IQPA)$15,686
Total administrative$87,574
The City Mill Company, Limited 401(k) match · 2023
Employer contribution per active participant$1,272
Median for plans this size$2,440
2024$1,416 per active participant
2023$1,272 per active participant
2022$1,256 per active participant

City Mill Company, Limited's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
LINCOLN NATIONAL CORPORATION · Contract administrator$34,016
KMH LLP · Accounting / audit$15,686

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$87,980 · 0.64%
2023$87,574 · 0.69%
2022$120,072 · 0.96%
Same employer
Similar plansRetail Trade · Hawaii
Mjc, Inc. HI$19.3M · 0.31%
Jn Group, Inc. HI$16.3M · 0.66%
Marukai Corporation HI$16.0M · 1.31%
Maui Divers of Hawaii, LTD. HI$14.9M · 0.02%
The Carpet Shoppe, Inc. HI$9.6M · 0.35%
Pflueger, Inc. HI$8.3M · 0.55%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 990036090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.