Core Group Business Management, Inc.401(k)
CORE GROUP BUSINESS MANAGEMENT, INC. 401(K) PLAN · MOUNT PLEASANT, TX · plan year 2022
Core Group Business Management, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $74,166 across 47 participant accounts, with employer contributions averaging $221 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (5,643rd of 5,688), and 2,487th of 2,534 in administrative & support services. In 2022, employees put in $1.79 for every $1.00 the employer contributed.
Core Group Business Management, Inc.'s 2022 employer contribution ran below the $331 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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 832724537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.