Plan Ledger DOL Form 5500 · updated monthly

Credit Plus, Inc.401(k)

CREDIT PLUS, INC. RETIREMENT PLAN · SALISBURY, MD · plan year 2022

Reported admin expense ratio · 2022
0.46%

Credit Plus, Inc. reported $23,561 in plan administrative expenses for 2022: 0.46% of average plan assets, below the peer median. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Maryland (1,658th of 1,671), and 2,466th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$113,805
Participants with balances0
Active participants0
Employer contributions$0
Employee contributions$0
Employer contribution per active participant—
Average account balance—
Benefits paid to participants$9,292,198
Plan auditUnmodified (clean) audit opinion
AuditorHITT & COMPANY, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,895
Investment management$10,666
Total administrative$23,561
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$23,561 · 0.46%
Similar plansAdministrative & Support Services · Maryland
Sentral Services, LLC MD$511K · 0.86%
Axxella Staffing MD$23K · 1.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522077522 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.