Plan Ledger DOL Form 5500 · updated monthly

The Community Preservation Corporation401(k)

THE COMMUNITY PRESERVATION CORPORATION EMPLOYEES' RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

The Community Preservation Corporation reported $8,187 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,342 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 0.02% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,080th-largest of 5,648 plans among New York employers on file, and the 1,312th of 4,798 in finance & insurance. In 2024, the employer put in $1.27 for every $1.00 employees contributed themselves; active participation has grown from 167 to 218 since 2022.

Plan summary
Net assets, end of year$68,732,209
Participants with balances275
Active participants218
Employer contributions$2,472,553
Employee contributions$1,943,209
Employer contribution per active participant$11,342
Average account balance$249,935
Benefits paid to participants$5,627,259
Plan auditUnmodified (clean) audit opinion
AuditorCARON & BLETZER & PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$68.7M · 275 accts · $2.5M emplr
2023$60.2M · 242 accts · $2.2M emplr
2022$55.9M · 240 accts · $2.1M emplr
The The Community Preservation Corporation 401(k) match · 2024
Employer contribution per active participant$11,342
Median for plans this size$3,635
2024$11,342 per active participant
2023$12,423 per active participant
2022$12,632 per active participant

The Community Preservation Corporation's 2024 employer contribution ran above the $3,635 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
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$8,587

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$8,187 · 0.01%
2023$9,752 · 0.02%
2022$10,329 · 0.02%
Same employer
Similar plansFinance & Insurance · New York
Versant Health Holdco, Inc. NY$70.2M · 0.23%
National Bank of Canada NY$68.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132792409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.