Plan Ledger DOL Form 5500 · updated monthly

Corticare, Inc.401(k)

CORTICARE, INC. 401(K) PLAN · CARLSBAD, CA · plan year 2024

Reported admin expense ratio · 2024
1.58%

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

Corticare, Inc. reported $30,237 in plan administrative expenses for 2024: 1.58% of average plan assets, higher than ~90% of peers. Employer contributions averaged $944 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 1.82% to 1.58%. 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 California (8,194th of 9,483), and 10,807th of 11,654 in professional & technical services. In 2024, employees put in $2.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,237,823
Participants with balances289
Active participants212
Employer contributions$200,094
Employee contributions$546,278
Employer contribution per active participant$944
Average account balance$7,743
Benefits paid to participants$328,345
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 289 accts · $200K emplr
2023$1.6M · 228 accts · $1K emplr
2022$1.3M · 224 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,776
Investment management$9,732
Total administrative$30,237
The Corticare, Inc. 401(k) match · 2024
Employer contribution per active participant$944
Median for plans this size$1,313
2024$944 per active participant
2023$5 per active participant

Corticare, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
MMA SECURITIES LLC · Investment advisory (participants)$9,732

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$30,237 · 1.58%
2023$29,794 · 2.09%
2022$20,930 · 1.82%
Similar plansProfessional & Technical Services · California
Mainstreet Work, Inc. CA$2.3M · 1.55%
Managed Resources, Inc CA$2.3M · 0.50%
Denken Solutions Inc. CA$2.2M · 0.10%
Hodo Soy CA$2.2M · 0.35%
Idc Technologies, Inc CA$2.2M · 0.16%
Ulab Systems, Inc. CA$2.2M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272078780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.