Plan Ledger DOL Form 5500 · updated monthly

Common Living, Inc.401(k)

COMMON LIVING, INC. 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.36%

Common Living, Inc. reported $14,879 in plan administrative expenses for 2023: 0.36% of average plan assets, below the peer median. 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 1 year on file its reported administrative ratio fell from 0.38% to 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (4,649th of 5,648), and the 994th of 2,240 in accommodation & food services. active participation has grown from 210 to 236 since 2022.

Plan summary
Net assets, end of year$4,157,274
Participants with balances236
Active participants236
Employer contributions—
Employee contributions$617,469
Employer contribution per active participant—
Average account balance$17,616
Benefits paid to participants$1,205,893
Plan auditUnmodified (clean) audit opinion
AuditorCORNICK, GARBER & SANDLER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $2 emplr
2023$4.2M · 236 accts
2022$4.1M · 496 accts · $27 emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,500
Investment management$10,379
Total administrative$14,879
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$14,879

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

Administrative cost history3
2024Not separately reported
2023$14,879 · 0.36%
2022$16,631 · 0.38%
Same employer
Similar plansAccommodation & Food Services · New York
Yotel Management USA NY$4.4M · 0.53%
Momo Holdings LLC NY$4.3M · 0.20%
Sixty Hotels, LLC NY$4.2M · 0.02%
Mighty Taco. Inc. NY$4.1M · 0.84%
Nicotra Group, LLC NY$3.8M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 473687483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.