Plan Ledger DOL Form 5500 · updated monthly

Corbus, LLC401(k)

CORBUS/SOIN 401(K) PLAN · WEST CARROLLTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Corbus, LLC reported $20,776 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,285 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 0.12% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,485th-largest of 3,295 plans among Ohio employers on file, and 6,108th of 11,654 in professional & technical services. In 2024, employees put in $3.02 for every $1.00 the employer contributed; active participation has shrunk from 173 to 136 since 2022.

Plan summary
Net assets, end of year$17,097,252
Participants with balances236
Active participants136
Employer contributions$310,709
Employee contributions$938,124
Employer contribution per active participant$2,285
Average account balance$72,446
Benefits paid to participants$1,510,136
Plan auditUnmodified (clean) audit opinion
AuditorSWINDON, SPRINGER & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 236 accts · $311K emplr
2023$15.5M · 282 accts · $335K emplr
2022$14.7M · 289 accts · $364K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,501
Investment management$8,275
Total administrative$20,776
The Corbus, LLC 401(k) match · 2024
Employer contribution per active participant$2,285
Median for plans this size$2,416
2024$2,285 per active participant
2023$1,450 per active participant
2022$2,102 per active participant

Corbus, LLC's 2024 employer contribution ran below the $2,416 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
USI CONSULTING GROUP · Claims processing · Recordkeeping$12,501

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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

Administrative cost history3
2024$20,776 · 0.13%
2023$21,987 · 0.15%
2022$19,644 · 0.12%
Same employer
Similar plansProfessional & Technical Services · Ohio
Everstream Solutions, LLC OH$17.5M · 0.12%
J Becker Solutions Inc OH$17.2M · 0.22%
Patriot Software Company OH$17.2M · 0.27%
Emplifi Inc. OH$17.0M · 0.04%
Brixey & Meyer, Inc. OH$16.9M · 0.19%
Apple Growth Partners, Inc. OH$16.7M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311628048 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.