Plan Ledger DOL Form 5500 · updated monthly

Cornerstone Management Partners, LLC401(k)

CORNERSTONE MANAGMENT PARTNERS, LLC 401(K) PLAN · WRENTHAM, MA · plan year 2023

Reported admin expense ratio · 2023
0.03%

Cornerstone Management Partners, LLC reported $1,530 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. 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 0.028% to 0.032%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Massachusetts (2,297th of 2,726), and 1,425th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$5,129,960
Participants with balances96
Active participants233
Employer contributions—
Employee contributions$503,958
Employer contribution per active participant—
Average account balance$53,437
Benefits paid to participants$484,407
Plan auditUnmodified (clean) audit opinion
AuditorJESSON, OSLIN & ASSOCIATES, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$5.1M · 96 accts
2022$4.4M · 103 accts
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.

Administrative cost history2
2023$1,530 · 0.03%
2022$1,262 · 0.03%
Similar plansAdministrative & Support Services · Massachusetts
Audley Travel US, Inc. MA$8.8M · 0.08%
Lyons Group LTD. MA$8.0M · 0.12%
Onyx Corporation MA$6.2M · 0.04%
The Hollister Group Inc MA$5.1M · 0.08%
Micro Tech Staffing Group MA$5.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200957207 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.