Retirement plan

CREATIVE MANAGEMENT SERVICES, LLC 401(K) PLAN

Name: CREATIVE MANAGEMENT SERVICES, LLC - CREATIVE MANAGEMENT SERVICES, LLC 401(K) PLAN (2024) Form 5500
Creator: CREATIVE MANAGEMENT SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CREATIVE MANAGEMENT SERVICES, LLC 401(K) PLAN, CREATIVE MANAGEMENT SERVICES, LLC

CREATIVE MANAGEMENT SERVICES, LLCEIN 43-1854837Plan #001PY 2024

15 EAST MIDLAND AVENUE, SUITE 2B - PARAMUS, NJ 07652551-502-5000

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$44.4M

+18.2% from 2023

Total participants

389

+2.4% from 2023

Average account balance

$116,934

+15.1% from 2023

Annual return

21.32%

-2.00 pp from 2023

Benchmarks

See 3,298 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,298 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$44.44M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$117K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

380

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

97.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.98M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+21.32%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$38

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 1 by compensation

Provider	Service type	Compensation
SENTINEL PENSION ADVISORS10+ years Filed as: SENTINEL BENEFITS & FINANCIAL GROUP Service code 15 · EIN 20-5916766	Recordkeeping	$14,613

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$15K

$45 / participant

Recordkeeping$15K100.0%

% of EOY assets

0.033%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RUBINBROWN LLP
Auditor EIN: 430765316
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$116,934

$106,230+10.1%

$147,080-20.5%

$77,736+50.4%

Participation rate

97.2%

78.4%+18.8pp

82.2%+15.0pp

70.6%+26.6pp

Annual return

21.32%

56.91%-35.6pp

420.17%-398.9pp

31.26%-9.9pp

Employer contribution / active EE

$2,032

$4,072-50.1%

$4,933-58.8%

$2,728-25.5%

Participant deferral / active EE

$7,213

$8,001-9.8%

$8,066-10.6%

$4,651+55.1%

Admin fee / account holder

$38

$338-88.6%

$12,989-99.7%

$433-91.1%

Provider

Service type

Compensation

SENTINEL PENSION ADVISORS10+ years

Filed as: SENTINEL BENEFITS & FINANCIAL GROUP

Service code 15 · EIN 20-5916766

Recordkeeping

$14,613

CREATIVE MANAGEMENT SERVICES, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CREATIVE MANAGEMENT SERVICES, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion