Plan Ledger DOL Form 5500 · updated monthly

Corsource Technology Group, LLC401(k)

CORSOURCE TECHNOLOGY GROUP, LLC 401(K) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Corsource Technology Group, LLC reported $19,976 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $550 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 0.46% to 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Oregon (741st of 1,021), and 9,684th of 11,654 in professional & technical services. In 2024, employees put in $9.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,304,751
Participants with balances112
Active participants94
Employer contributions$51,672
Employee contributions$509,605
Employer contribution per active participant$550
Average account balance$47,364
Benefits paid to participants$815,584
Plan auditUnmodified (clean) audit opinion
AuditorGEFFEN MESHER & COMPANY PC
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 112 accts · $52K emplr
2023$5.0M · 120 accts · $53K emplr
2022$4.2M · 114 accts · $56K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,976
Total administrative$19,976
The Corsource Technology Group, LLC 401(k) match · 2024
Employer contribution per active participant$550
Median for plans this size$1,313
2024$550 per active participant
2023$658 per active participant
2022$597 per active participant

Corsource Technology Group, 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$19,975

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

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024$19,976 · 0.39%
2023$18,571 · 0.40%
2022$18,050 · 0.46%
Similar plansProfessional & Technical Services · Oregon
Carlson Testing, Inc. OR$7.4M · 0.09%
Jitasa, Inc. OR$6.3M · 0.38%
Coda, Inc. OR$6.1M · 0.15%
Atmosera, Inc. OR$4.9M · 0.47%
Oregon Tilth, Inc. OR$4.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823124097 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.