Plan Ledger DOL Form 5500 · updated monthly

Corecentric Solutions, Inc.401(k)

CORECENTRIC SOLUTIONS 401(K) PLAN · CAROL STREAM, IL · plan year 2023

Reported admin expense ratio · 2023
0.67%

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

Corecentric Solutions, Inc. reported $16,330 in plan administrative expenses for 2023: 0.67% of average plan assets, above the peer median. Employer contributions averaged $110 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 has held roughly steady near 0.671%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Illinois (3,267th of 3,702), and 2,710th of 3,341 in other services. In 2023, employees put in $11.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,753,269
Participants with balances97
Active participants215
Employer contributions$23,680
Employee contributions$271,169
Employer contribution per active participant$110
Average account balance$28,384
Benefits paid to participants$218,625
Plan auditUnmodified (clean) audit opinion
AuditorBENNING GROUP, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$2.8M · 97 accts · $24K emplr
2022$2.1M · 105 accts · $39K emplr
Administrative expenses, itemized · 2023
Audit (IQPA)$16,330
Total administrative$16,330
The Corecentric Solutions, Inc. 401(k) match · 2023
Employer contribution per active participant$110
Median for plans this size$1,308
2023$110 per active participant
2022$202 per active participant

Corecentric Solutions, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20239
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$16,330
PIMCO FUNDS · Investment managementindirect comp
AMERICAN FUNDS · Investment managementindirect comp
VANGUARD GROUP · Investment managementindirect comp
AMERICAN CENTURY INVESTMENT MANAGEM · Investment managementindirect comp
MFS FUNDS · Investment managementindirect comp
HARTFORD MUTUAL FUNDS · Investment managementindirect comp
PRINCIPAL FUNDS · Investment managementindirect comp
FIDELITY · Investment managementindirect comp

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

Administrative cost history2
2023$16,330 · 0.67%
2022$17,025 · 0.67%
Same employer
Similar plansOther Services · Illinois
The Resurrection Project IL$3.5M · 0.14%
Chicago Urban League IL$3.5M · 0.33%
Pinnacle Fit Clubs, LLC IL$3.4M · 1.03%
Linen King IL$2.7M · 0.97%
Lechner & Sons, Inc. IL$2.6M · 0.49%
The Night Ministry IL$2.5M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364034150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.