Plan Ledger DOL Form 5500 · updated monthly

Cornerstone Builders of Sw Flori401(k)

CORNERSTONE BUILDERS OF SW FLORIDA, INC.401(K) PLAN · FORT MYERS, FL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Cornerstone Builders of Sw Flori reported $13,282 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,008 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 0.52% to 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,417th of 3,644), and 11,001st of 13,661 in manufacturing. In 2024, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,394,496
Participants with balances265
Active participants201
Employer contributions$403,658
Employee contributions$677,589
Employer contribution per active participant$2,008
Average account balance$20,357
Benefits paid to participants$618,433
Plan auditUnmodified (clean) audit opinion
AuditorHSC TUSCAN & COMPANY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 265 accts · $404K emplr
2023$4.4M · 164 accts · $348K emplr
2022$3.3M · 127 accts · $295K emplr
Administrative expenses, itemized · 2024
Investment management$13,282
Total administrative$13,282
The Cornerstone Builders of Sw Flori 401(k) match · 2024
Employer contribution per active participant$2,008
Median for plans this size$1,313
2024$2,008 per active participant
2023$1,879 per active participant
2022$1,518 per active participant

Cornerstone Builders of Sw Flori'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.

Service providers · 20241
HUMAN INTEREST ADVISOR LLC · Contract administrator · Investment advisory (plan)$11,459

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

Recordkeeper by year2
2024Human Interest
2023ADP

This plan has changed recordkeepers within these filings. If you left Cornerstone Builders of Sw Flori before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$13,282 · 0.27%
2023$22,553 · 0.58%
2022$17,896 · 0.52%
Same employer
Similar plansManufacturing · Florida
Rybovich Boat Company LLC FL$5.8M · 0.34%
Osgood Industries, LLC FL$5.4M · 0.07%
Gq Investments, LLC FL$5.3M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223915170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.