Plan Ledger DOL Form 5500 · updated monthly

Community Specialists, Inc.401(k)

COMMUNITY SPECIALISTS, INC. 401(K) & PROFIT SHARING PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Community Specialists, Inc. reported $23,540 in plan administrative expenses for 2023: 0.33% of average plan assets, below the peer median. Employer contributions averaged $1,119 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 0.50% to 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Illinois (2,680th of 3,702), and 1,301st of 2,096 in real estate & leasing. In 2023, employees put in $5.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,394,653
Participants with balances122
Active participants105
Employer contributions$117,454
Employee contributions$632,507
Employer contribution per active participant$1,119
Average account balance$60,612
Benefits paid to participants$1,532,573
Plan auditUnmodified (clean) audit opinion
AuditorKRD, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 111 accts · $119K emplr
2023$7.4M · 122 accts · $117K emplr
2022$6.8M · 117 accts · $106K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,415
Audit (IQPA)$13,125
Total administrative$23,540
The Community Specialists, Inc. 401(k) match · 2023
Employer contribution per active participant$1,119
Median for plans this size$1,308
2024$1,116 per active participant
2023$1,119 per active participant
2022$1,008 per active participant

Community Specialists, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$53,517 · 0.75%
2023$23,540 · 0.33%
2022$35,314 · 0.50%
Similar plansReal Estate & Leasing · Illinois
New Home Star Corp. IL$8.2M · 0.28%
Jvm Realty Corporation IL$7.9M · 0.78%
Marc Realty IL$7.5M · 0.01%
Cunat Payroll, Inc. IL$6.7M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363964739 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.