Plan Ledger DOL Form 5500 · updated monthly

Cornerstone Parking Group, Inc.401(k)

CORNERSTONE PARKING GROUP, INC. 401(K) PLAN · EDEN PRAIRIE, MN · plan year 2024

Reported admin expense ratio · 2024
1.02%

Cornerstone Parking Group, Inc. reported $2,797 in plan administrative expenses for 2024: 1.02% of average plan assets, above the peer median. 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Minnesota (1,899th of 1,918), and 3,232nd of 3,341 in other services.

Plan summary
Net assets, end of year$275,546
Participants with balances134
Active participants319
Employer contributions—
Employee contributions$260,895
Employer contribution per active participant—
Average account balance$2,056
Benefits paid to participants$4,701
Plan auditUnmodified (clean) audit opinion
AuditorBGM CPA LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,797
Total administrative$2,797
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 · 20243
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$1,996
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$775
MESIROW FINANCIAL, INC. · Investment advisory (plan)$26

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

Administrative cost history1
2024$2,797 · 1.02%
Similar plansOther Services · Minnesota
Family Pathways MN$1.3M · 1.24%
Hadc Services, LLC 403(B) MN$1.1M · 0.08%
Stevens Unlimited MN$757K · 1.14%
Fleetwash Inc NJ$301K · 3.74%
The Wright Cut Inc IN$295K · 0.77%
Pwlc II Inc CA$277K · 3.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205195370 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.