Plan Ledger DOL Form 5500 · updated monthly

Kargo Global LLC401(k)

KARGO GLOBAL LLC RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Kargo Global LLC reported $108,927 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $3,820 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 0.33% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,984th-largest of 5,648 plans among New York employers on file, and the 797th of 2,199 in information & media. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 271 to 382 since 2022.

Plan summary
Net assets, end of year$29,360,373
Participants with balances447
Active participants382
Employer contributions$1,459,230
Employee contributions$3,448,185
Employer contribution per active participant$3,820
Average account balance$65,683
Benefits paid to participants$2,590,784
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH & BROWN
Plan history3
Yearassets · accounts · employer contribution
2024$29.4M · 447 accts · $1.5M emplr
2023$22.3M · 401 accts · $1.2M emplr
2022$15.7M · 331 accts · $850K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,927
Total administrative$108,927
The Kargo Global LLC 401(k) match · 2024
Employer contribution per active participant$3,820
Median for plans this size$2,416
2024$3,820 per active participant
2023$3,550 per active participant
2022$3,137 per active participant

Kargo Global LLC's 2024 employer contribution ran above the $2,416 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 · 20242
SLAVIC INTEGRATED ADMINISTRATION · Recordkeeping · Loan processing$61,107
SLAVIC MUTUAL FUND MANAGEMENT CORP · Investment management$47,820

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

Recordkeeper by year2
2024Slavic401k
2023Slavic401k

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

Administrative cost history3
2024$108,927 · 0.42%
2023$68,678 · 0.36%
2022$52,114 · 0.33%
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Source: U.S. Department of Labor, Form 5500 series, EIN 542091498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.