Plan Ledger DOL Form 5500 · updated monthly

Corby Energy Services Inc401(k)

CORBY ENERGY SERVICES INC 401(K) PROFIT SHARING PLAN & TRUST · BELLEVILLE, MI · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Corby Energy Services Inc reported $44,904 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,587 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 fell from 0.53% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,225th-largest of 2,619 plans among Michigan employers on file, and the 2,396th of 5,337 in construction. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has grown from 229 to 385 since 2022.

Plan summary
Net assets, end of year$15,574,859
Participants with balances261
Active participants385
Employer contributions$610,896
Employee contributions$1,453,175
Employer contribution per active participant$1,587
Average account balance$59,674
Benefits paid to participants$1,247,515
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 261 accts · $611K emplr
2023$8.7M · 144 accts · $438K emplr
2022$6.7M · 143 accts · $385K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,904
Investment management$9,000
Total administrative$44,904
The Corby Energy Services Inc 401(k) match · 2024
Employer contribution per active participant$1,587
Median for plans this size$2,416
2024$1,587 per active participant
2023$1,818 per active participant
2022$1,683 per active participant

Corby Energy Services Inc'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 · 20242
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$9,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,304

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

Administrative cost history3
2024$44,904 · 0.37%
2023$36,375 · 0.47%
2022$35,893 · 0.53%
Same employer
Similar plansConstruction · Michigan
Mersino Dewatering, LLC MI$16.6M · 0.57%
Allied Electric, Inc. MI$15.9M · 0.49%
Fessler & Bowman, Inc. MI$15.8M · 0.18%
Wcc Acquisition, LLC MI$14.2M · 0.67%
Stafford-Smith Inc MI$13.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382402763 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.