Plan Ledger DOL Form 5500 · updated monthly

Cka Management, LLC401(k)

CKA MANAGEMENT, LLC 401(K) PLAN · HASBROUCK HEIGHTS, NJ · plan year 2023

Reported admin expense ratio · 2023
1.37%

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

Cka Management, LLC reported $25,696 in plan administrative expenses for 2023: 1.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $219 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 1 year on file its reported administrative ratio rose from 0.90% to 1.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New Jersey (2,137th of 2,419), and 1,419th of 2,240 in accommodation & food services. In 2023, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,101,183
Participants with balances93
Active participants697
Employer contributions$152,303
Employee contributions$252,055
Employer contribution per active participant$219
Average account balance$22,593
Benefits paid to participants$204,609
Plan auditUnmodified (clean) audit opinion
AuditorMSPC CPA'S AND ADVISORS, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$2.1M · 93 accts · $152K emplr
2022$1.6M · 118 accts · $153K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,814
Investment management$882
Total administrative$25,696
The Cka Management, LLC 401(k) match · 2023
Employer contribution per active participant$219
Median for plans this size$1,308
2023$219 per active participant
2022$248 per active participant

Cka Management, LLC's 2023 employer contribution ran below the $1,308 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 · 20231
ERISA PARTNERS, INC. · Recordkeeping · Consulting$24,340

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$25,696 · 1.37%
2022$14,861 · 0.90%
Same employer
Similar plansAccommodation & Food Services · New Jersey
Bow & Arrow Manor, Inc. NJ$2.5M · 0.07%
Lufrankton, L.L.C. NJ$2.3M · 0.24%
Rackson Restaurants, LLC NJ$2.2M · 0.80%
Timbers Inc NJ$1.8M · 0.44%
Jmm Industries, Inc. NJ$1.6M · 0.01%
Msk Management, LLC NJ$1.2M · 1.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464108030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.