Plan Ledger DOL Form 5500 · updated monthly

Core Specialty Insurance Services, Inc.401(k)

CORE SPECIALTY INSURANCE SERVICES, INC. 401(K) PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Core Specialty Insurance Services, Inc. reported $244,239 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $6,876 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 0.10% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 231st-largest of 3,295 plans among Ohio employers on file, and the 621st of 4,798 in finance & insurance. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 644 to 1,033 since 2022.

Plan summary
Net assets, end of year$182,490,788
Participants with balances1,181
Active participants1,033
Employer contributions$7,102,800
Employee contributions$10,312,063
Employer contribution per active participant$6,876
Average account balance$154,522
Benefits paid to participants$11,313,700
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$182.5M · 1,181 accts · $7.1M emplr
2023$138.7M · 969 accts · $5.6M emplr
2022$99.1M · 746 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$112,324
Investment management$131,915
Total administrative$244,239
The Core Specialty Insurance Services, Inc. 401(k) match · 2024
Employer contribution per active participant$6,876
Median for plans this size$3,635
2024$6,876 per active participant
2023$6,519 per active participant
2022$5,605 per active participant

Core Specialty Insurance Services, Inc.'s 2024 employer contribution ran above the $3,635 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 · Recordkeeping · Loan processing$128,972
MORGAN STANLEY · Investment advisory (plan)$115,266

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$244,239 · 0.15%
2023$188,395 · 0.16%
2022$99,353 · 0.10%
Same employer
Similar plansFinance & Insurance · Ohio
James B. Oswald Company OH$212.0M · 0.06%
First Financial Bancorp OH$209.1M · 0.07%
Hylant Group, Inc. OH$173.8M · 0.21%
Peoples Bancorp Inc OH$130.2M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 270173350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.