Plan Ledger DOL Form 5500 · updated monthly

Crm Management, LLC401(k)

CORNERSTONE RESIDENTIAL MANAGEMENT 401(K) PROFIT SHARING PLAN · HOLLYWOOD, FL · plan year 2023

Reported admin expense ratio · 2023
0.56%

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

Crm Management, LLC reported $53,557 in plan administrative expenses for 2023: 0.56% of average plan assets, above the peer median. Employer contributions averaged $843 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 rose from 0.37% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,772nd-largest of 3,644 plans among Florida employers on file, and 1,109th of 2,096 in real estate & leasing. In 2023, employees put in $4.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,034,573
Participants with balances170
Active participants157
Employer contributions$132,403
Employee contributions$532,668
Employer contribution per active participant$843
Average account balance$59,027
Benefits paid to participants$1,196,357
Plan auditUnmodified (clean) audit opinion
AuditorKSDT AND COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$10.0M · 170 accts · $132K emplr
2022$9.2M · 191 accts · $273K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,001
Investment management$28,556
Total administrative$53,557
The Crm Management, LLC 401(k) match · 2023
Employer contribution per active participant$843
Median for plans this size$1,308
2023$843 per active participant
2022$1,398 per active participant

Crm Management, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$23,186
EMPOWER ADVISORY GROUP, LLC · Investment management$5,370

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

Administrative cost history2
2023$53,557 · 0.56%
2022$39,906 · 0.37%
Similar plansReal Estate & Leasing · Florida
The Altman Companies, LLC FL$10.7M · 0.60%
Banyan Street Advisors LLC FL$10.5M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752998533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.