Plan Ledger DOL Form 5500 · updated monthly

Creditsafe USA Inc.401(k)

CREDITSAFE USA INC. 401(K) PLAN · ALLENTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
1.33%

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

Creditsafe USA Inc. reported $16,730 in plan administrative expenses for 2024: 1.33% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,467 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 fell from 3.54% to 1.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Pennsylvania (3,408th of 3,651), and 2,006th of 2,534 in administrative & support services. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,688,445
Participants with balances153
Active participants101
Employer contributions$249,153
Employee contributions$380,854
Employer contribution per active participant$2,467
Average account balance$11,036
Benefits paid to participants$246,449
Plan auditUnmodified (clean) audit opinion
AuditorCAMPBELL, RAPPOLD & YURASITS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.7M · 153 accts · $249K emplr
2023$830K · 145 accts
2022$316K · 122 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,730
Total administrative$16,730
The Creditsafe USA Inc. 401(k) match · 2024
Employer contribution per active participant$2,467
Median for plans this size$1,313

Creditsafe USA Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JP MORGAN · Recordkeeping · Trusteeindirect comp

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

Recordkeeper by year2
2024JP MORGAN
2023JP MORGAN

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

Administrative cost history3
2024$16,730 · 1.33%
2023$8,387 · 1.46%
2022$6,653 · 3.54%
Similar plansAdministrative & Support Services · Pennsylvania
Jfc Temps, Inc. PA$1.9M · 0.38%
Whitetail Disposal, Inc PA$1.9M · 0.04%
Gage Enterprises, Inc. PA$1.3M · 1.21%
Ghg Holdings, Inc. PA$1.2M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371694021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.