Plan Ledger DOL Form 5500 · updated monthly

Corvias Corporate Services, LLC401(k)

CORVIAS SAVINGS & RETIREMENT PLAN · WARWICK, RI · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Corvias Corporate Services, LLC reported $205,402 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,037 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 has held roughly steady near 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 51st-largest of 286 plans among Rhode Island employers on file, and the 759th of 5,337 in construction. In 2024, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$77,879,840
Participants with balances1,174
Active participants839
Employer contributions$2,548,459
Employee contributions$5,480,755
Employer contribution per active participant$3,037
Average account balance$66,337
Benefits paid to participants$6,192,835
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$77.9M · 1,174 accts · $2.5M emplr
2023$65.7M · 1,124 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$157,999
Investment management$47,403
Total administrative$205,402
The Corvias Corporate Services, LLC 401(k) match · 2024
Employer contribution per active participant$3,037
Median for plans this size$3,635
2024$3,037 per active participant
2023$2,831 per active participant

Corvias Corporate Services, LLC's 2024 employer contribution ran below the $3,635 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 · 20244
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$158,373
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$34,543
RELIANCE TRUST COMPANY · Custodial (securities)$13,535
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$12,860

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
2023The Standard

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

Administrative cost history2
2024$205,402 · 0.29%
2023$180,800 · 0.30%
Same employer
Similar plansConstruction · Rhode Island
Dimeo Construction Company RI$92.7M · 0.35%
Esler Companies, LLC RI$85.0M · 0.43%
Corvias Group, LLC RI$55.6M · 0.31%
J.H. Lynch & Sons, Inc. RI$40.1M · 0.18%
Encore Holdings, LLC RI$35.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 922174940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.