Department of Labor filing

CORBITT ENTERPRISES INC

CORBITT ENTERPRISES INC 401K PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Jul 22, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

18filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$953

Reported employer contributions per active participant.

Higher than about 18% of comparable plans

#People in the filing

155

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$282 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 19% of comparable plans

↗Investment performance

Not available

Plan assets changed 7.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202418out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions18th percentileTypical peer $1,992 · based on 181 comparable plans

Lower reported administrative expense19th percentileTypical peer $164 · based on 182 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, CORBITT ENTERPRISES INC reported $147,748 in employer contributions across the plan and 155 active participants. That works out to $953 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy81%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 1.5%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 6.5%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context18/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $147,748
Participant contributions: $351,353
Other contributions: Not reported
Employer share of reported contributions: 29.6%
Beginning assets: $5,250,769
Ending assets: $5,646,037
Ending net assets: $5,646,037
Ending liabilities: Not reported
Total income: $1,126,471
Total expenses: $731,203
Administrative expenses: $43,418
Participant loans: Not reported

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$968

2023

$999

2024

$953

Plan-paid administrative expenses per participant

2022

$265

2023

$285

2024

$282

Active participants

2022

126

2023

141

2024

155

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$953	155	5.6M	20250722172246NAL0003963680003
2023	$999	141	5.3M	20240725125149NAL0014087745004
2022	$968	126	4.4M	20230726130607NAL0010873057004

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: Not stated in the filing
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 710678297-006

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jul 1, 1998
Industry: Industry group 327
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2J2K2T

Current plan terms

Help fill the gap the filing leaves.

If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.

Share a document →

Filing ACK_ID20250722172246NAL0003963680003

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗