Plan Ledger DOL Form 5500 · updated monthly

Cornerstone Detention Products, Inc.401(k)

CORNERSTONE DETENTION PRODUCTS, INC. RETIREMENT SAVINGS PLAN · TANNER, AL · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Cornerstone Detention Products, Inc. reported $14,507 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,977 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 0.08% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 264th-largest of 902 plans among Alabama employers on file, and the 1,758th of 5,337 in construction. In 2024, employees put in $2.54 for every $1.00 the employer contributed; active participation has grown from 304 to 345 since 2022.

Plan summary
Net assets, end of year$24,579,482
Participants with balances224
Active participants345
Employer contributions$682,094
Employee contributions$1,730,637
Employer contribution per active participant$1,977
Average account balance$109,730
Benefits paid to participants$1,261,966
Plan auditUnmodified (clean) audit opinion
AuditorHIGHLANDS ACCOUNTING GROUP, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$24.6M · 224 accts · $682K emplr
2023$20.3M · 209 accts · $631K emplr
2022$16.3M · 198 accts · $574K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,031
Investment management$9,476
Total administrative$14,507
The Cornerstone Detention Products, Inc. 401(k) match · 2024
Employer contribution per active participant$1,977
Median for plans this size$2,416
2024$1,977 per active participant
2023$1,966 per active participant
2022$1,888 per active participant

Cornerstone Detention Products, Inc.'s 2024 employer contribution ran below 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,476
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,031

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

Administrative cost history3
2024$14,507 · 0.06%
2023$12,438 · 0.07%
2022$14,104 · 0.08%
Same employer
Similar plansConstruction · Alabama
Scott Bridge Company, Inc. AL$30.6M · 0.44%
Burkes Mechanical, Inc. AL$27.7M · 0.36%
Pose Group, Inc. AL$23.0M · 0.04%
McAbee Construction, Inc. AL$22.8M · 0.38%
Russell Lands, Inc. AL$20.6M · 0.53%
Airtek Construction Inc AL$19.3M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631196091 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.