Plan Ledger DOL Form 5500 · updated monthly

Cornerstones, Inc.401(k)

CORNERSTONES, INC. 401(K) PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Cornerstones, Inc. reported $20,066 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $1,056 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 rose from 0.33% to 0.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Virginia (1,790th of 2,266), and 7,697th of 11,911 in health care & social assistance. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has grown from 129 to 153 since 2022.

Plan summary
Net assets, end of year$5,390,023
Participants with balances150
Active participants153
Employer contributions$161,548
Employee contributions$340,464
Employer contribution per active participant$1,056
Average account balance$35,933
Benefits paid to participants$642,526
Plan auditDisclaimer of opinion
AuditorRUBINO & COMPANY, CHARTERED
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 150 accts · $162K emplr
2023$5.0M · 149 accts · $142K emplr
2022$4.4M · 132 accts · $127K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,837
Total administrative$20,066
The Cornerstones, Inc. 401(k) match · 2024
Employer contribution per active participant$1,056
Median for plans this size$1,313
2024$1,056 per active participant
2023$1,097 per active participant
2022$986 per active participant

Cornerstones, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$288

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$20,066 · 0.38%
2023$16,184 · 0.34%
2022$15,701 · 0.33%
Similar plansHealth Care & Social Assistance · Virginia
Elk Hill Farm, Inc VA$5.7M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541037615 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.