Plan Ledger DOL Form 5500 · updated monthly

Core Services Group, Inc.401(k)

CORE SERVICES GROUP, INC. 401(K) PROFIT SHARING PLAN · BROOKLYN, NY · plan year 2020

Reported admin expense ratio · 2020
1.16%

Core Services Group, Inc. reported $9,917 in plan administrative expenses for 2020: 1.16% of average plan assets, above the peer median. 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 4 years on file its reported administrative ratio has held roughly steady near 1.89%. The plan sits in the under $1M size bracket, benchmarked here against 109 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (5,339th of 5,648), and 3,070th of 3,341 in other services. active participation has grown from 462 to 626 since 2019.

Plan summary
Net assets, end of year$1,011,259
Participants with balances76
Active participants626
Employer contributions—
Employee contributions$221,140
Employer contribution per active participant—
Average account balance$13,306
Benefits paid to participants$14,664
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2022$965K · 49 accts
2020$1.0M · 76 accts
2019$695K · 61 accts
Administrative expenses, itemized · 2020
Recordkeeping & contract admin$9,917
Total administrative$9,917
What these fees cost you

Annual cost at the plan's reported 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2022$21,750 · 1.89%
2020$9,917 · 1.16%
2019$10,847 · 1.84%
Similar plansOther Services · New York
Blue Central Admin, LLC NY$1.1M · 1.71%
Visron Design Inc NY$1.0M · 0.60%
Fr Parallel Sub LLC NY$851K · 1.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141925944 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.