Plan Ledger DOL Form 5500 · updated monthly

Coresite, L.L.C.401(k)

CORESITE, L.L.C. EMPLOYEE RETIREMENT PLAN · DENVER, CO · plan year 2023

Reported admin expense ratio · 2023
0.13%

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

Coresite, L.L.C. reported $70,917 in plan administrative expenses for 2023: 0.13% of average plan assets, above the peer median. Employer contributions averaged $4,545 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 1 year on file its reported administrative ratio fell from 0.17% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 205th-largest of 1,461 plans among Colorado employers on file, and the 228th of 2,096 in real estate & leasing. In 2023, employees put in $2.31 for every $1.00 the employer contributed; active participation has grown from 488 to 546 since 2022.

Plan summary
Net assets, end of year$61,634,438
Participants with balances693
Active participants546
Employer contributions$2,481,695
Employee contributions$5,722,380
Employer contribution per active participant$4,545
Average account balance$88,939
Benefits paid to participants$2,031,361
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$61.6M · 693 accts · $2.5M emplr
2022$45.4M · 612 accts · $2.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$58,019
Investment management$12,898
Total administrative$70,917
The Coresite, L.L.C. 401(k) match · 2023
Employer contribution per active participant$4,545
Median for plans this size$3,659
2023$4,545 per active participant
2022$4,414 per active participant

Coresite, L.L.C.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$58,019
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,898

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

Administrative cost history3
2024Not separately reported
2023$70,917 · 0.13%
2022$82,745 · 0.17%
Same employer
Similar plansReal Estate & Leasing · Colorado
Apartment Income Reit Corp. CO$113.8M · 0.07%
Mercy Housing, Inc. CO$96.4M · 0.31%
Re/Max, LLC CO$76.4M · 0.19%
Simpson Housing Lllp CO$72.7M · 0.18%
Yes Management, LLC CO$33.6M · 0.53%
The Laramar Group, LLC CO$27.6M · 0.37%
East West Partners, LLC CO$27.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522349902 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.