Plan Ledger DOL Form 5500 · updated monthly

Commonwealth Commercial Partners, LLC401(k)

COMMONWEALTH COMMERCIAL PARTNERS, LLC 401(K) PROFIT SHARING PLAN · GLEN ALLEN, VA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Commonwealth Commercial Partners, LLC reported $71,857 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $2,760 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 0.52% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 948th-largest of 2,266 plans among Virginia employers on file, and the 623rd of 2,096 in real estate & leasing. In 2024, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,559,615
Participants with balances210
Active participants213
Employer contributions$587,847
Employee contributions$1,211,947
Employer contribution per active participant$2,760
Average account balance$102,665
Benefits paid to participants$1,111,130
Plan auditUnmodified (clean) audit opinion
AuditorKEITER
Plan history3
Yearassets · accounts · employer contribution
2024$21.6M · 210 accts · $588K emplr
2023$17.5M · 209 accts · $613K emplr
2022$13.3M · 174 accts · $484K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,981
Investment management$43,876
Total administrative$71,857
The Commonwealth Commercial Partners, LLC 401(k) match · 2024
Employer contribution per active participant$2,760
Median for plans this size$2,416
2024$2,760 per active participant
2023$2,690 per active participant
2022$2,050 per active participant

Commonwealth Commercial Partners, 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
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$38,273
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,218

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

Administrative cost history3
2024$71,857 · 0.37%
2023$48,378 · 0.31%
2022$75,813 · 0.52%
Same employer
Similar plansReal Estate & Leasing · Virginia
Grayco, Inc. VA$24.9M · 0.29%
Paradigm Management II LP VA$23.2M · 0.37%
Kpm, LLC VA$18.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541807301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.