CMG Cit Acquisition LLC 401(k) Review & Grade
Coremedical Group 401(k) Plan · d/b/a Coremedical Group
Manchester, NHReal Estate & Rental1,102 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$548Employer $ per active participant
$2,400Employee $ saved per active participant
0.34%Direct admin cost, % of plan assets
$29.4MNet plan assets, end of year
$31,397Average balance per account
Score breakdown
- Employer generosity11.7 / 5023th percentile for employer $ per participant
- Low cost9.0 / 2536th percentile for low admin cost vs. same-size plans
- Employee saving4.8 / 1532th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score26 / 100 · Grade F
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 23th |
| Lower admin cost | 36th |
| Employee saving | 32th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Corrective distributions: the plan refunded $324 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- CMG Cit Acquisition put in about $548 per active participant, below the typical peer ($1,279). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $603,266 |
| Participant (employee) contributions | $2,643,574 |
| Other contributions (incl. rollovers in) | $169,149 |
| Administrative expenses paid from the plan | $94,316 |
| Benefits paid out | $3,369,929 |
| Net assets, start / end of year | $25.8M / $29.4M |
| Active participants, start / end of year | 1,335 / 868 |
| Participants with account balances | 937 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $80,666 reported compensation |
| Clifton Larson Allen LLP | $13,650 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007095942NAL0004406337001, received 2025-10-07, EIN 35-2609950, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.