Plan Ledger DOL Form 5500 · updated monthly

Credit Management Services, Inc.401(k)

CREDIT MANAGEMENT SERVICES, INC. SAVINGS PLAN · GRAND ISLAND, NE · plan year 2023

Reported admin expense ratio · 2023
0.58%

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

Credit Management Services, Inc. reported $37,641 in plan administrative expenses for 2023: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,240 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 1 year on file its reported administrative ratio fell from 0.64% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Nebraska (414th of 565), and the 1,193rd of 2,534 in administrative & support services. In 2023, employees put in $2.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,388,398
Participants with balances108
Active participants104
Employer contributions$128,994
Employee contributions$321,964
Employer contribution per active participant$1,240
Average account balance$68,411
Benefits paid to participants$161,987
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$7.4M · 108 accts · $129K emplr
2022$5.6M · 103 accts · $114K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,587
Investment management$20,054
Total administrative$37,641
The Credit Management Services, Inc. 401(k) match · 2023
Employer contribution per active participant$1,240
Median for plans this size$1,308
2023$1,240 per active participant
2022$1,168 per active participant

Credit Management Services, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$17,587
ALLEN CAPITAL GROUP, LLC · Investment advisory (plan)$20,054

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

Administrative cost history2
2023$37,641 · 0.58%
2022$34,422 · 0.64%
Same employer
Similar plansAdministrative & Support Services · Nebraska
Atlas Medstaff, LLC NE$17.5M · 0.46%
Lrs Healthcare NE$17.2M · 0.60%
Onestaff Medical, LLC NE$11.7M · 1.58%
E & F Management, LLC NE$8.4M · 0.98%
Mulhalls Nursery, Inc. NE$7.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470645036 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.