Plan Ledger DOL Form 5500 · updated monthly

Corporate Professional Business Services Inc.401(k)

CORPORATE PROFESSIONAL BUSINESS SERVICES, INC. 401(K) RETIREMENT SAVINGS PLAN · NEW HAVEN, CT · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Corporate Professional Business Services Inc. reported $19,992 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,829 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 0.09% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 373rd-largest of 1,106 plans among Connecticut employers on file, and the 2,420th of 11,911 in health care & social assistance. In 2024, employees put in $2.31 for every $1.00 the employer contributed; active participation has shrunk from 105 to 91 since 2022.

Plan summary
Net assets, end of year$35,943,462
Participants with balances386
Active participants91
Employer contributions$166,438
Employee contributions$385,102
Employer contribution per active participant$1,829
Average account balance$93,118
Benefits paid to participants$3,364,032
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.9M · 386 accts · $166K emplr
2023$32.9M · 421 accts · $204K emplr
2022$27.9M · 448 accts · $213K emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$15,800
Total administrative$19,992
The Corporate Professional Business Services Inc. 401(k) match · 2024
Employer contribution per active participant$1,829
Median for plans this size$2,416
2024$1,829 per active participant
2023$2,245 per active participant
2022$2,025 per active participant

Corporate Professional Business Services Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
BAKER TILLY US, LLP · Accounting / audit$15,800
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$19,992 · 0.06%
2023$41,738 · 0.14%
2022$28,560 · 0.09%
Similar plansHealth Care & Social Assistance · Connecticut
Americares Foundation, Inc. CT$36.9M · 0.35%
McLean Affiliates, Inc. CT$36.4M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 061467717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.