Plan Ledger DOL Form 5500 · updated monthly

Community Options for Resident and Employment Services, Inc401(k)

COMMUNITY OPTIONS FOR RESIDENTIAL AND EMPLOYMENT SERVICES, INC - 401(K) PLAN · BISMARCK, ND · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Community Options for Resident and Employment Services, Inc reported $38,728 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $1,138 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 0.02% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Dakota (226th of 279), and 7,250th of 11,911 in health care & social assistance. In 2024, employees put in $1.63 for every $1.00 the employer contributed; active participation has grown from 130 to 165 since 2022.

Plan summary
Net assets, end of year$6,208,500
Participants with balances127
Active participants165
Employer contributions$187,843
Employee contributions$306,620
Employer contribution per active participant$1,138
Average account balance$48,886
Benefits paid to participants$830,550
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELEN & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 127 accts · $188K emplr
2023$5.9M · 184 accts · $200K emplr
2022$5.4M · 181 accts · $194K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,399
Investment management$18,339
Trustee / custodial$2,608
Total administrative$38,728
The Community Options for Resident and Employment Services, Inc 401(k) match · 2024
Employer contribution per active participant$1,138
Median for plans this size$1,313
2024$1,138 per active participant
2023$1,805 per active participant
2022$1,496 per active participant

Community Options for Resident and Employment Services, Inc's 2024 employer contribution ran below the $1,313 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 · 20241
AVANTAX · Recordkeeping · Consulting$38,728

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

Recordkeeper by year2
2024AVANTAX
2023Mutual of America

This plan has changed recordkeepers within these filings. If you left Community Options for Resident and Employment Services, Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$38,728 · 0.64%
2023$1,112 · 0.02%
2022$1,137 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · North Dakota
Heartview Foundation ND$6.6M · 0.84%
Lake Region Corporation ND$6.5M · 0.38%
St Lukes Home ND$5.7M · 0.92%
Luther Memorial Home ND$5.1M · 0.44%
Tioga Medical Center ND$4.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911832569 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.