Plan Ledger DOL Form 5500 · updated monthly

The Customer Center Management, Inc.401(k)

THE CUSTOMER CENTER INC. 401(K) PLAN · YONKERS, NY · plan year 2022

Reported admin expense ratio · 2022
0.86%

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

The Customer Center Management, Inc. reported $23,747 in plan administrative expenses for 2022: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,250 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New York (5,061st of 5,648), and 4,005th of 4,246 in wholesale trade. In 2022, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,319,994
Participants with balances40
Active participants47
Employer contributions$58,773
Employee contributions$125,761
Employer contribution per active participant$1,250
Average account balance$58,000
Benefits paid to participants$559,661
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$23,747
Total administrative$23,747
The The Customer Center Management, Inc. 401(k) match · 2022
Employer contribution per active participant$1,250
Median for plans this size$1,114

The Customer Center Management, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size. 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$23,747 · 0.86%
Similar plansWholesale Trade · New York
Noho Health, Inc. NY$2.9M · 0.36%
Baralan USA Inc. NY$2.9M · 0.45%
New Sensor Corporation NY$2.2M · 0.27%
Tasty Brands LLC NY$1.8M · 1.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 822672240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.