Plan Ledger DOL Form 5500 · updated monthly

Corpnet Incorporated401(k)

CORPNET INCORPORATED 401(K) PROFIT SHARING PLAN & TRUST · WESTLAKE VILLAGE, CA · plan year 2024

Reported admin expense ratio · 2024
1.67%

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

Corpnet Incorporated reported $13,333 in plan administrative expenses for 2024: 1.67% of average plan assets, above the peer median. Employer contributions averaged $0 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 1.14% to 1.67%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (8,834th of 9,483), and 2,196th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$1,002,192
Participants with balances210
Active participants145
Employer contributions$0
Employee contributions$304,939
Employer contribution per active participant$0
Average account balance$4,772
Benefits paid to participants$85,288
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$1.0M · 210 accts
2023$591K · 184 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,616
Investment management$3,717
Total administrative$13,333
The Corpnet Incorporated 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$540

Corpnet Incorporated's 2024 employer contribution ran below the $540 median for plans its size, in the bottom quarter of its peers. 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
PAYCHEX, INC. · Recordkeeping$5,586

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

Administrative cost history2
2024$13,333 · 1.67%
2023$5,018 · 1.14%
Similar plansAdministrative & Support Services · California
Maerly CA$1.0M · 1.28%
Universal Site Services CA$945K · 1.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264523889 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.