Plan Ledger DOL Form 5500 · updated monthly

Corinthian, Inc.401(k)

CORINTHIAN INC. 401(K) PLAN · CORINTH, MS · plan year 2023

Reported admin expense ratio · 2023
0.70%

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

Corinthian, Inc. reported $40,796 in plan administrative expenses for 2023: 0.70% of average plan assets, above the peer median. Employer contributions averaged $1,229 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 0.86% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Mississippi (220th of 367), and 10,505th of 13,661 in manufacturing. In 2023, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,353,223
Participants with balances92
Active participants123
Employer contributions$151,109
Employee contributions$277,064
Employer contribution per active participant$1,229
Average account balance$69,057
Benefits paid to participants$235,178
Plan auditUnmodified (clean) audit opinion
AuditorNAIL MCKINNEY, PA
Plan history2
Yearassets · accounts · employer contribution
2023$6.4M · 92 accts · $151K emplr
2022$5.3M · 101 accts · $168K emplr
The Corinthian, Inc. 401(k) match · 2023
Employer contribution per active participant$1,229
Median for plans this size$1,308
2023$1,229 per active participant
2022$1,200 per active participant

Corinthian, Inc.'s 2023 employer contribution ran below the $1,308 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
EPIC RETIREMENT PLAN SERVICES, INC. · Recordkeeping · Participant communication$2,904
RENASANT BANK · Trustee · Investment advisory (plan)$37,976

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$40,796 · 0.70%
2022$51,348 · 0.86%
Same employer
Similar plansManufacturing · Mississippi
Diversity-Vuteq, LLC MS$6.7M · 0.57%
New Wood Resources, LLC MS$6.7M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640835621 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.