Plan Snapshot
- Plan Sponsor: Cort Business Services Corporation
- Sponsor EIN: 141543982
- Sponsor Address: 14850 CONFERENCE CENTER DRIVE, CHANTILLY, VA, 20151
- Plan Type: 401(k)
- Total Participants: 2,225
- Total Assets: $248.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,225 | $248.8M | $2.9M | $12.0M |
| 2023 | 2,106 | $216.9M | $2.6M | $11.2M |
| 2022 | 1,975 | $179.2M | $1.9M | $10.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CHERRY BEKAERT, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $178,195 | $64,744 | — | — | — |
| 2023 | -$32,572 | $63,104 | — | — | — |
| 2022 | $76,925 | $56,305 | — | — | — |