Plan Ledger DOL Form 5500 · updated monthly

Ctr Management Group, LLC401(k)

CTR MANAGEMENT GROUP, LLC 401(K) PLAN · FAIRFAX, VA · plan year 2023

Reported admin expense ratio · 2023
1.45%

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

Ctr Management Group, LLC reported $65,501 in plan administrative expenses for 2023: 1.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,569 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 0.99% to 1.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,878th of 2,266), and 9,965th of 11,654 in professional & technical services. In 2023, employees put in $1.67 for every $1.00 the employer contributed; active participation has shrunk from 250 to 94 since 2022.

Plan summary
Net assets, end of year$4,548,160
Participants with balances182
Active participants94
Employer contributions$429,470
Employee contributions$718,173
Employer contribution per active participant$4,569
Average account balance$24,990
Benefits paid to participants$1,891,707
Plan auditUnmodified (clean) audit opinion
AuditorCOOPER SAVAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 147 accts · $176K emplr
2023$4.5M · 182 accts · $429K emplr
2022$4.5M · 286 accts · $540K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$65,501
Total administrative$65,501
The Ctr Management Group, LLC 401(k) match · 2023
Employer contribution per active participant$4,569
Median for plans this size$1,308
2024$2,045 per active participant
2023$4,569 per active participant
2022$2,161 per active participant

Ctr Management Group, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$49,599
ORENDA RETIREMENT LLC · Contract administrator · Other services$15,971
OSAIC WEALTH, INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$46,503 · 1.05%
2023$65,501 · 1.45%
2022$43,475 · 0.99%
Same employer
Similar plansProfessional & Technical Services · Virginia
Sectek, Inc. VA$4.7M · 0.93%
Strategic Resources, Inc. VA$4.7M · 0.10%
Tahirih Justice Center VA$4.6M · 0.89%
Decisions, LLC VA$4.6M · 0.47%
Memoryblue, LLC VA$4.5M · 0.97%
The Masy Group, LLC VA$4.4M · 0.58%
Triumph Enterprises, Inc. VA$4.4M · 0.50%
Mediko, Inc. VA$4.4M · 1.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263931994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.