Employers › Cato
Recordkeeping fees per participant · The Cato Corporation 401(k)/profit Sharing Plan · plan year 2024
$11.14
Higher than 11% of the 5,847 plans $50 to 250M that report it.
= $17,950 / 1,612
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009191221NAL0011573072001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009191221NAL0011573072001, received 2025-10-09
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-09.
Administrative expenses excluding investment management, per participant
$11.14
Higher than 7% of the 8,758 plans $50 to 250M that report it.
= $17,950 / 1,612
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009191221NAL0011573072001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009191221NAL0011573072001, received 2025-10-09
Administrative expenses per participant
$32.85
Higher than 11% of the 9,042 plans $50 to 250M that report it.
= $52,950 / 1,612
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009191221NAL0011573072001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009191221NAL0011573072001, received 2025-10-09
Administrative expenses as a share of assets
0.073%
Higher than 28% of the 9,049 plans $50 to 250M that report it.
= $52,950 / $72,880,291
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009191221NAL0011573072001, received 2025-10-09
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009191221NAL0011573072001, received 2025-10-09
Employer contributions per participant
$682
Higher than 6% of the 9,105 plans $50 to 250M that report it.
= $1,099,121 / 1,612
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009191221NAL0011573072001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009191221NAL0011573072001, received 2025-10-09
Employer share of total contributions
31.6%
Higher than 57% of the 9,112 plans $50 to 250M that report it.
= $1,099,121 / $3,480,013
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009191221NAL0011573072001, received 2025-10-09
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009191221NAL0011573072001, received 2025-10-09
Plan terms are described in Cato Corporation's SEC filings: Form 10-K filed 2026-03-25. No term could be quoted from them with the required precision.
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 2E profit-sharing · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251009191221NAL0011573072001, received 2025-10-09
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CATO CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Plan name | THE CATO CORPORATION 401(K)/PROFIT SHARING PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Sponsor EIN / plan number | 56-0484485 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Sponsor location | CHARLOTTE, NC | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Industry (business code) | 448120, Retail trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Filing received | 2025-10-09 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Participants, beginning of year | 3,467 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Active participants | 2,792 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Participants, end of year | 3,591 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Participants with an account balance | 1,612 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Total assets, beginning of year | $70,501,860 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Total assets, end of year | $72,880,291 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Net assets, end of year | $72,880,291 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Total income | $13,448,240 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Net income | $2,378,431 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Employer contributions | $1,099,121 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Participant contributions | $2,367,087 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Other contributions (incl. rollovers) | $13,805 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Total contributions | $3,480,013 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Benefit payments | $10,854,407 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Total expenses (incl. benefit payments) | $11,069,809 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Total administrative expenses | $52,950 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Recordkeeping fees | $17,950 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Investment advisory and management fees | $35,000 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Administrative expenses excluding investment management | $17,950 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Held in common/collective trusts | $14,054,480 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Held in mutual funds | $57,796,900 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251009191221NAL0011573072001, received 2025-10-09 |
| Independent auditor | FORVIS MAZARS, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251009191221NAL0011573072001, received 2025-10-09 |
Position = column in the DOL layout for form year 2024. Filing 20251009191221NAL0011573072001, received 2025-10-09.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| KESTRA ADVISORY SERVICES %NFP | INVESTMENT ADVISOR | 26 Investment advisory (participants) | $35,000 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $17,950 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251009191221NAL0011573072001, received 2025-10-09.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $70,501,860 | $72,880,291 | 3.4% |
| Participants with a balance | 1,680 | 1,612 | -4.0% |
| Administrative expenses | $38,386 | $52,950 | 37.9% |
| Recordkeeping fees per participant | $2.02 | $11.14 | 452.5% |
| Employer contributions | $1,183,392 | $1,099,121 | -7.1% |
Prior filing 20241018140434NAL0032848545001, received 2024-10-18; the plan years are contiguous.
Sponsor name as filed: CATO CORPORATION; SEC registrant: CATO CORP (CIK 18255, matched by EIN).