Plan Ledger DOL Form 5500 · updated monthly

Corporate Management, Inc401(k)

CORPORATE MANAGEMENT, INC. 401(K) PLAN · GULFPORT, MS · plan year 2023

Reported admin expense ratio · 2023
0.70%

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

Corporate Management, Inc reported $23,432 in plan administrative expenses for 2023: 0.70% of average plan assets, above the peer median. Employer contributions averaged $113 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 0.89% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Mississippi (274th of 367), and 10,313th of 11,654 in professional & technical services. In 2023, employees put in $13.93 for every $1.00 the employer contributed; active participation has shrunk from 200 to 137 since 2022.

Plan summary
Net assets, end of year$3,617,998
Participants with balances122
Active participants137
Employer contributions$15,458
Employee contributions$215,311
Employer contribution per active participant$113
Average account balance$29,656
Benefits paid to participants$88,095
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 111 accts · $20K emplr
2023$3.6M · 122 accts · $15K emplr
2022$3.0M · 119 accts · $15K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,321
Investment management$20,111
Total administrative$23,432
The Corporate Management, Inc 401(k) match · 2023
Employer contribution per active participant$113
Median for plans this size$1,308
2024$129 per active participant
2023$113 per active participant
2022$75 per active participant

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

Service providers · 20232
KESTRA INVESTMENT SERVICES, LLC · Contract administrator · Recordkeeping$20,111
MINNESOTA LIFE INSURANCE COMPANY · Contract administrator · Recordkeeping$3,321

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

Recordkeeper by year2
2024The Standard
2023KESTRA INVESTMENT SERVICES, LLC, Securian

This plan has changed recordkeepers within these filings. If you left Corporate Management, Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$21,998 · 0.62%
2023$23,432 · 0.70%
2022$29,108 · 0.89%
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HR New Hire, LLC MS$8.0M · 0.02%
Nvision Solutions, Inc. MS$4.2M · 0.48%
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Source: U.S. Department of Labor, Form 5500 series, EIN 200463966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.