Plan Ledger DOL Form 5500 · updated monthly

Corporate Brokers LLC401(k)

CORPORATE BROKERS, LLC RETIREMENT SAVINGS PLAN · ANNAPOLIS, MD · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Corporate Brokers LLC reported $33,594 in plan administrative expenses for 2024: 0.61% 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 2 years on file its reported administrative ratio fell from 0.86% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Maryland (1,213th of 1,671), and 4,386th of 4,798 in finance & insurance. active participation has grown from 135 to 216 since 2022.

Plan summary
Net assets, end of year$5,931,503
Participants with balances104
Active participants216
Employer contributions$0
Employee contributions$809,782
Employer contribution per active participant$0
Average account balance$57,034
Benefits paid to participants$566,765
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 104 accts
2023$5.1M · 99 accts
2022$4.0M · 109 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,324
Total administrative$33,594
The Corporate Brokers LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Corporate Brokers LLC's 2024 employer contribution ran below the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$19,944
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$13,888

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

Administrative cost history3
2024$33,594 · 0.61%
2023$41,413 · 0.91%
2022$36,873 · 0.86%
Same employer
Similar plansFinance & Insurance · Maryland
Employee Navigator LLC MD$7.9M · 0.10%
Health Prime Aln, LLC MD$7.1M · 0.91%
Kdp Investments, LLC MD$7.0M · 0.04%
Foster Thomas, Inc. MD$5.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841638864 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.