Plan Ledger DOL Form 5500 · updated monthly

Contracting Resources Group, Inc.401(k)

CRG 401(K) PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Contracting Resources Group, Inc. reported $19,919 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. Employer contributions averaged $2,806 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 0.20% to 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,172nd of 1,671), and 9,178th of 11,654 in professional & technical services. In 2024, employees put in $2.25 for every $1.00 the employer contributed; active participation has grown from 153 to 172 since 2022.

Plan summary
Net assets, end of year$6,573,723
Participants with balances146
Active participants172
Employer contributions$482,658
Employee contributions$1,087,262
Employer contribution per active participant$2,806
Average account balance$45,026
Benefits paid to participants$783,553
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 146 accts · $483K emplr
2023$4.6M · 135 accts · $418K emplr
2022$3.2M · 112 accts · $325K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,400
Investment management$5,519
Total administrative$19,919
The Contracting Resources Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,806
Median for plans this size$1,313
2024$2,806 per active participant
2023$2,444 per active participant
2022$2,122 per active participant

Contracting Resources Group, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,328
LOWES FS LLC · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$19,919 · 0.36%
2023$7,261 · 0.19%
2022$6,123 · 0.20%
Same employer
Similar plansProfessional & Technical Services · Maryland
Oconnell & Lawrence, Inc. MD$6.9M · 0.20%
1 Source Consulting, Inc. MD$6.9M · 0.96%
Highrise Consulting, Inc MD$6.3M · 0.30%
A Square Group MD$6.2M · 0.72%
Mpf Federal LLC MD$6.2M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061641484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.