Plan Ledger DOL Form 5500 · updated monthly

Community Based Services, Inc.401(k)

COMMUNITY BASED SERVICES, INC. 401(K) PROFIT SHARING PLAN · NORTH SALEM, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Community Based Services, Inc. reported $9,836 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,124 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 0.08% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (3,373rd of 5,648), and the 1,508th of 3,341 in other services. In 2024, employees put in $1.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,673,541
Participants with balances271
Active participants445
Employer contributions$500,000
Employee contributions$500,709
Employer contribution per active participant$1,124
Average account balance$43,076
Benefits paid to participants$1,441,821
Plan auditUnmodified (clean) audit opinion
AuditorLEHMAN FLYNN VOLLARO NY CPA'S PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 271 accts · $500K emplr
2023$10.7M · 262 accts · $508K emplr
2022$9.3M · 246 accts · $531K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,836
Total administrative$9,836
The Community Based Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,124
Median for plans this size$2,416
2024$1,124 per active participant
2023$1,270 per active participant
2022$1,272 per active participant

Community Based Services, Inc.'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
FIDELITY INVESTMENTS INST OP CO LLC · Loan processing$9,836
MORGAN STANLEY SMITH BARNEYindirect comp

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$9,836 · 0.09%
2023$10,735 · 0.11%
2022$8,632 · 0.08%
Same employer
Similar plansOther Services · New York
Bettercloud, Inc. NY$11.5M · 0.04%
Crisis Text Line, Inc. NY$11.4M · 0.47%
Bideawee, Inc. NY$11.2M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133070655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.