Plan Ledger DOL Form 5500 · updated monthly

Cret LLC401(k)

NELLIS AUCTION 401(K) PROFIT SHARING PLAN · LAS VEGAS, NV · plan year 2024

Employer contribution per participant · 2024
$533

Cret LLC's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,263,319 across 188 participant accounts, with employer contributions averaging $533 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Nevada (322nd of 437), and 4,274th of 5,215 in retail trade. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,263,319
Participants with balances188
Active participants409
Employer contributions$217,877
Employee contributions$387,060
Employer contribution per active participant$533
Average account balance$17,358
Benefits paid to participants$382,690
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$3.3M · 188 accts · $218K emplr
2022$1.5M · 76 accts · $135K emplr
The Cret LLC 401(k) match · 2024
Employer contribution per active participant$533
Median for plans this size$1,313
2024$533 per active participant
2022$874 per active participant

Cret LLC's 2024 employer contribution ran below the $1,313 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.

Administrative cost history2
2024Not separately reported
2022$630 · 0.04%
Same employer
Similar plansRetail Trade · Nevada
Green Valley Grocery 401K NV$4.8M · 0.43%
Tcp Global Corp. NV$4.5M · 0.47%
Peter Lik USA, Inc. NV$1.7M · 0.94%
K-Market, Inc. NV$1.4M · 1.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454984640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.