Plan Ledger DOL Form 5500 · updated monthly

Contour Mortgage Corporation401(k)

CONTOUR MORTGAGE CORPORATION 401(K) PROFIT SHARING PLAN & TRUST · GARDEN CITY, NY · plan year 2022

Reported admin expense ratio · 2022
0.22%

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

Contour Mortgage Corporation reported $8,500 in plan administrative expenses for 2022: 0.22% of average plan assets, below the peer median. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in New York (4,690th of 5,648), and 4,525th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$3,942,356
Participants with balances135
Active participants393
Employer contributions$0
Employee contributions$1,149,670
Employer contribution per active participant$0
Average account balance$29,203
Benefits paid to participants$189,853
Plan auditUnmodified (clean) audit opinion
AuditorABC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,500
Total administrative$8,500
The Contour Mortgage Corporation 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Contour Mortgage Corporation's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$8,500 · 0.22%
Similar plansFinance & Insurance · New York
Quadro Partners Inc. NY$4.6M · 0.13%
Electronic Payments Inc. NY$4.4M · 0.05%
Reliant Funding NY$3.8M · 0.91%
Xcel Brands, Inc. NY$3.8M · 0.69%
East Coast Capital Corp NY$3.0M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043212636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.