Plan Ledger DOL Form 5500 · updated monthly

Concurrent Hro, LLC401(k)

CONCURRENT HRO 401(K) PLAN · BROOMFIELD, CO · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Concurrent Hro, LLC reported $428,977 in plan administrative expenses for 2024: 0.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,955 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 0.78% to 0.82%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 204th-largest of 1,461 plans among Colorado employers on file, and the 256th of 2,534 in administrative & support services. In 2024, employees put in $2.26 for every $1.00 the employer contributed; active participation has grown from 1,102 to 1,641 since 2022.

Plan summary
Net assets, end of year$61,699,552
Participants with balances1,722
Active participants1,641
Employer contributions$3,208,212
Employee contributions$7,256,094
Employer contribution per active participant$1,955
Average account balance$35,830
Benefits paid to participants$4,630,522
Plan auditUnmodified (clean) audit opinion
AuditorJASON F. CLAUSEN, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$61.7M · 1,722 accts · $3.2M emplr
2023$42.5M · 1,603 accts · $2.0M emplr
2022$23.9M · 845 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$197,771
Investment management$201,421
Audit (IQPA)$10,000
Trustee / custodial$19,752
Total administrative$428,977
The Concurrent Hro, LLC 401(k) match · 2024
Employer contribution per active participant$1,955
Median for plans this size$3,635
2024$1,955 per active participant
2023$1,062 per active participant
2022$1,035 per active participant

Concurrent Hro, LLC's 2024 employer contribution ran below the $3,635 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 · 20245
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$192,178
CONCURRENT HRO, LLC · Claims processing · Recordkeeping$5,594
RBF CAPITAL MANAGEMENT, INC. · Investment advisory (participants) · Investment advisory (plan)$201,421
CHARLES SCHWAB BANK · Custodial (securities) · Securities brokerage$19,752
JASON F. CLAUSEN, P.C. · Accounting / audit$10,000

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

Recordkeeper by year2
2024Ameritas, CONCURRENT HRO, LLC
2023Ameritas, CONCURRENT HRO, LLC

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Administrative cost history3
2024$428,977 · 0.82%
2023$339,259 · 1.02%
2022$199,745 · 0.78%
Same employer
Similar plansAdministrative & Support Services · Colorado
Vectrus Systems Corporation CO$240.2M · 0.22%
Direct Travel, Inc. CO$121.4M · 0.26%
Legacy Human Resources CO$60.3M · 0.59%
Western Disposal, Inc. CO$30.5M · 0.04%
Velocity Global USA LLC CO$26.2M · 1.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475137893 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.