Contemporary Services Corporation 401(k) Review & Grade
CSC 401(k) Plan
Northridge, CAAdministrative, Support & Staffing Services4,044 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$191Employer $ per active participant
$419Employee $ saved per active participant
0.26%Direct admin cost, % of plan assets
$13.4MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity21.0 / 5042th percentile for employer $ per participant
- Low cost6.7 / 2527th percentile for low admin cost vs. same-size plans
- Employee saving3.9 / 1526th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score22 / 100 · Grade F
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 2,500–9,999 active participants (125 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 42th |
| Lower admin cost | 27th |
| Employee saving | 26th |
| Peers that auto-enroll | 22% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($12 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $5,600 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Contemporary Services put in about $191 per active participant, below the typical peer ($342). 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.
- Direct plan expenses (0.26% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $772,428 |
| Participant (employee) contributions | $1,696,538 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $31,201 |
| Contract administrator fees | $31,201 |
| Benefits paid out | $888,803 |
| Net assets, start / end of year | $10.5M / $13.4M |
| Active participants, start / end of year | 3,920 / 4,169 |
| Participants with account balances | 451 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Crowe LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $31,201 reported compensation |
| Ubs Financial Services Inc | $28,682 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009193749NAL0007053841001, received 2025-10-09, EIN 95-2832166, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.