Plan Ledger DOL Form 5500 · updated monthly

Coring & Cutting Group.401(k)

THE CORING & CUTTING GROUP RETIREMENT PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Coring & Cutting Group. reported $99,226 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $3,874 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 fell from 0.50% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 523rd-largest of 1,393 plans among Missouri employers on file, and the 524th of 2,534 in administrative & support services. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$24,370,014
Participants with balances208
Active participants176
Employer contributions$681,759
Employee contributions$670,215
Employer contribution per active participant$3,874
Average account balance$117,164
Benefits paid to participants$1,879,054
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 208 accts · $682K emplr
2023$21.6M · 193 accts · $540K emplr
2022$17.2M · 227 accts · $506K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,344
Investment management$63,375
Audit (IQPA)$10,507
Total administrative$99,226
The Coring & Cutting Group. 401(k) match · 2024
Employer contribution per active participant$3,874
Median for plans this size$2,416
2024$3,874 per active participant
2023$3,106 per active participant
2022$2,994 per active participant

Coring & Cutting Group.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ASCENSUS LLC · Loan processing · Recordkeeping$25,344
MARINER RETIREMENT ADVISORS. · Investment advisory (plan)$63,375
PICKETT, CHANEY AND MCMULLEN LLP · Accounting / audit$9,850

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$99,226 · 0.43%
2023$94,281 · 0.49%
2022$96,063 · 0.50%
Similar plansAdministrative & Support Services · Missouri
Heartland, LLC MO$46.1M · 0.67%
Jay Henges Enterprises Inc. MO$23.4M · 0.36%
Safe Haven Holdings Inc. MO$20.5M · 0.40%
Simploy, Inc. MO$11.8M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203861409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.