Plan Ledger DOL Form 5500 · updated monthly

Cornerstone Apartment Services, Inc401(k)

CORNERSTONE APARTMENT SERVICES 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Cornerstone Apartment Services, Inc reported $4,771 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $2,165 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 rose from 0.19% to 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Colorado (1,233rd of 1,461), and 1,802nd of 2,096 in real estate & leasing. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,420,053
Participants with balances204
Active participants123
Employer contributions$266,260
Employee contributions$376,049
Employer contribution per active participant$2,165
Average account balance$11,863
Benefits paid to participants$343,057
Plan auditUnmodified (clean) audit opinion
AuditorOLSON, REYES & SAUERWEIN, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$2.4M · 204 accts · $266K emplr
2023$1.8M · 179 accts · $250K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,108
Investment management$1,663
Total administrative$4,771
The Cornerstone Apartment Services, Inc 401(k) match · 2024
Employer contribution per active participant$2,165
Median for plans this size$1,313
2024$2,165 per active participant
2023$1,971 per active participant

Cornerstone Apartment Services, Inc's 2024 employer contribution ran above the $1,313 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.

Administrative cost history2
2024$4,771 · 0.22%
2023$2,831 · 0.19%
Same employer
Similar plansReal Estate & Leasing · Colorado
Monroe Group, LTD. CO$4.6M · 1.30%
Yugo USA LLC CO$4.4M · 3.83%
Travelers Haven LLC CO$1.7M · 0.11%
Spirit Hospitality II LLC CO$1.0M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841491690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.