Plan Ledger DOL Form 5500 · updated monthly

Cgi Communications, Inc.401(k)

CGI COMMUNICATIONS INC 401(K) PROFIT SHARING PLAN AND TRUST · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Cgi Communications, Inc. reported $65,103 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $1,384 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 fell from 0.46% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,814th-largest of 5,648 plans among New York employers on file, and 6,266th of 11,654 in professional & technical services. In 2024, employees put in $4.04 for every $1.00 the employer contributed; active participation has shrunk from 278 to 244 since 2022.

Plan summary
Net assets, end of year$16,364,483
Participants with balances562
Active participants244
Employer contributions$337,607
Employee contributions$1,365,425
Employer contribution per active participant$1,384
Average account balance$29,118
Benefits paid to participants$1,056,391
Plan auditUnmodified (clean) audit opinion
AuditorWELKER MOJSEJ & DEVECCHIO CPAS, LL
Plan history3
Yearassets · accounts · employer contribution
2024$16.4M · 562 accts · $338K emplr
2023$14.4M · 558 accts · $316K emplr
2022$12.0M · 537 accts · $345K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,125
Investment management$16,978
Total administrative$65,103
The Cgi Communications, Inc. 401(k) match · 2024
Employer contribution per active participant$1,384
Median for plans this size$2,416
2024$1,384 per active participant
2023$1,194 per active participant
2022$1,239 per active participant

Cgi Communications, Inc.'s 2024 employer contribution ran below 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
ASCENSUS LLC · Loan processing · Recordkeeping$48,125
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$16,978

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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Administrative cost history3
2024$65,103 · 0.42%
2023$59,285 · 0.45%
2022$57,341 · 0.46%
Same employer
Similar plansProfessional & Technical Services · New York
Wavestone US Inc. NY$16.3M · 0.52%
Logic Technology, Inc. NY$16.3M · 0.01%
Bluecore, Inc NY$16.3M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161568323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.