Plan Ledger DOL Form 5500 · updated monthly

Creditcorp401(k)

CREDITCORP 401(K) PROFIT SHARING PLAN · CLEVELAND, TN · plan year 2022

Reported admin expense ratio · 2022
0.25%

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

Creditcorp reported $41,387 in plan administrative expenses for 2022: 0.25% of average plan assets, below the peer median. Employer contributions averaged $0 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Tennessee (1,458th of 1,496), and 4,757th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$398,083
Participants with balances1
Active participants1
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance$398,083
Benefits paid to participants$30,629,903
Plan auditUnmodified (clean) audit opinion
AuditorCASSADY SCHILLER & ASSOCIATES, INC
The Creditcorp 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$2,266

Creditcorp's 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$41,387 · 0.25%
Similar plansFinance & Insurance · Tennessee
Springdale Title, LLC TN$1.4M · 0.22%
Reliant Bank TN$20K · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383746939 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.