Plan Ledger DOL Form 5500 · updated monthly

Creative Minds International Pcs401(k)

CREATIVE MINDS INTERNATIONAL PCS 401(K) PROFIT SHARING PLAN AND T · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Creative Minds International Pcs reported $17,872 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $1,395 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 rose from 0.56% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in District of Columbia (553rd of 618), and 2,715th of 3,091 in educational services. In 2024, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,070,014
Participants with balances187
Active participants147
Employer contributions$205,041
Employee contributions$500,954
Employer contribution per active participant$1,395
Average account balance$16,417
Benefits paid to participants$442,099
Plan auditUnmodified (clean) audit opinion
AuditorEG CONLEY P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 187 accts · $205K emplr
2023$2.5M · 116 accts · $169K emplr
2022$1.7M · 107 accts · $158K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,715
Investment management$157
Total administrative$17,872
The Creative Minds International Pcs 401(k) match · 2024
Employer contribution per active participant$1,395
Median for plans this size$1,313
2024$1,395 per active participant
2023$1,165 per active participant
2022$1,151 per active participant

Creative Minds International Pcs's 2024 employer contribution ran above 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$17,871

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

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

Administrative cost history3
2024$17,872 · 0.64%
2023$11,315 · 0.54%
2022$9,255 · 0.56%
Similar plansEducational Services · District of Columbia
Educare of Washington, Dc DC$3.2M · 0.29%
Ingenuity Prep DC$3.2M · 0.31%
Health Management, Inc. DC$2.7M · 1.19%
Centronia DC$2.1M · 1.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 275208674 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.