Plan Ledger DOL Form 5500 · updated monthly

The Cary Company401(k)

PROFIT SHARING PLAN FOR EMPLOYEES OF THE CARY COMPANY · ADDISON, IL · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

The Cary Company reported $121,538 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 0.51% to 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,763rd-largest of 3,702 plans among Illinois employers on file, and the 2,024th of 4,246 in wholesale trade. In 2024, employees put in $5521.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,514,513
Participants with balances234
Active participants242
Employer contributions$50
Employee contributions$276,077
Employer contribution per active participant$0
Average account balance$79,122
Benefits paid to participants$364,092
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 234 accts · $50 emplr
2023$16.8M · 201 accts · $1.0M emplr
2022$14.6M · 133 accts · $964K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$121,538
Total administrative$121,538
The The Cary Company 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416
2024$0 per active participant
2023$4,326 per active participant
2022$4,325 per active participant

The Cary Company's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK · Loan processing · Recordkeeping$35,726
ROBERT W. BAIRD & CO., INC.$86,337

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$121,538 · 0.69%
2023$89,227 · 0.57%
2022$72,213 · 0.51%
Same employer
Similar plansWholesale Trade · Illinois
Burke Beverage, Inc. IL$18.8M · 0.24%
Vzl Staffing Services, LLC IL$18.5M · 0.93%
Headco Industries, Inc. IL$18.4M · 0.56%
Kuna Meat Company, Inc. IL$17.9M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362358931 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.