Plan Ledger DOL Form 5500 · updated monthly

Corporate Direct Apparel, LLC401(k)

MERCHOLOGY 401(K) PLAN · PLYMOUTH, MN · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Corporate Direct Apparel, LLC reported $20,087 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $1,161 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 0.29% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Minnesota (1,676th of 1,918), and 3,834th of 4,246 in wholesale trade. In 2024, employees put in $2.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,730,422
Participants with balances301
Active participants207
Employer contributions$240,391
Employee contributions$625,809
Employer contribution per active participant$1,161
Average account balance$12,393
Benefits paid to participants$447,546
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 301 accts · $240K emplr
2023$2.9M · 227 accts · $224K emplr
2022$1.8M · 259 accts · $195K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,087
Total administrative$20,087
The Corporate Direct Apparel, LLC 401(k) match · 2024
Employer contribution per active participant$1,161
Median for plans this size$1,313
2024$1,161 per active participant
2023$1,024 per active participant
2022$972 per active participant

Corporate Direct Apparel, LLC's 2024 employer contribution ran below the $1,313 median for plans its size. 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
THE VANGUARD GROUP, INC. · Recordkeeping$20,087

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$20,087 · 0.61%
2023$4,520 · 0.19%
2022$4,841 · 0.29%
Similar plansWholesale Trade · Minnesota
Crow Wing Recycling, Inc. MN$5.0M · 0.30%
Dedicated Networks, Inc. MN$2.4M · 0.53%
Lyons Trading Company LLC MN$870K · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464188203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.