Plan Ledger DOL Form 5500 · updated monthly

Credit Industriel Et Commercial401(k)

THE 401(K) SAVINGS PLAN FOR THE EMPLOYEES OF CREDIT INDUSTRIEL ET COMMERCIAL · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Credit Industriel Et Commercial reported $72,881 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $4,651 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 0.10% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,060th-largest of 5,648 plans among New York employers on file, and the 1,297th of 4,798 in finance & insurance. In 2024, employees put in $3.72 for every $1.00 the employer contributed; active participation has grown from 93 to 106 since 2022.

Plan summary
Net assets, end of year$70,503,930
Participants with balances126
Active participants106
Employer contributions$493,008
Employee contributions$1,836,341
Employer contribution per active participant$4,651
Average account balance$559,555
Benefits paid to participants$4,269,687
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$70.5M · 126 accts · $493K emplr
2023$60.8M · 125 accts · $475K emplr
2022$48.3M · 122 accts · $442K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,881
Total administrative$72,881
The Credit Industriel Et Commercial 401(k) match · 2024
Employer contribution per active participant$4,651
Median for plans this size$3,635
2024$4,651 per active participant
2023$4,803 per active participant
2022$4,757 per active participant

Credit Industriel Et Commercial's 2024 employer contribution ran above 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 · 20241
NEWPORT CAPITAL GROUP · Consulting · Investment advisory (plan)$72,552

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$72,881 · 0.11%
2023$44,775 · 0.08%
2022$59,526 · 0.10%
Same employer
Similar plansFinance & Insurance · New York
Versant Health Holdco, Inc. NY$70.2M · 0.23%
National Bank of Canada NY$68.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132757199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.