Plan Ledger DOL Form 5500 · updated monthly

Cornerstone Community Financial Credit Union401(k)

CORNERSTONE COMMUNITY FINANCIAL CREDIT UNION 401(K) PLAN · AUBURN HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Cornerstone Community Financial Credit Union reported $23,750 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $4,028 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 0.28% to 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Michigan (1,524th of 2,619), and 3,946th of 4,798 in finance & insurance. In 2024, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,368,656
Participants with balances131
Active participants92
Employer contributions$370,576
Employee contributions$413,294
Employer contribution per active participant$4,028
Average account balance$79,150
Benefits paid to participants$521,462
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$10.4M · 131 accts · $371K emplr
2023$8.6M · 137 accts · $433K emplr
Administrative expenses, itemized · 2024
Investment management$416
Total administrative$23,750
The Cornerstone Community Financial Credit Union 401(k) match · 2024
Employer contribution per active participant$4,028
Median for plans this size$1,313
2024$4,028 per active participant
2023$5,284 per active participant

Cornerstone Community Financial Credit Union's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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 · 20242
CAP FINANCIAL PARTNERS, LLC · Investment advisory (plan)$26,140
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history2
2024$23,750 · 0.25%
2023$21,827 · 0.28%
Similar plansFinance & Insurance · Michigan
Top Flite Financial Inc. MI$13.4M · 0.10%
Liberty Title Agency, Inc. MI$10.5M · 0.57%
Ofta, LLC MI$10.2M · 0.37%
Wilson Partners II, LLC MI$10.0M · 0.25%
Oxford Bank MI$8.5M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381418001 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.