Cornerstones of Care 401(k) Review & Grade
Cornerstones of Care Employees Savings Trust
Kansas City, MOHealth Care & Social Assistance660 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$507Employer $ per active participant
$2,756Employee $ saved per active participant
0.37%Direct admin cost, % of plan assets
$15.1MNet plan assets, end of year
$16,836Average balance per account
Score breakdown
- Employer generosity17.7 / 5035th percentile for employer $ per participant
- Low cost8.3 / 2533th percentile for low admin cost vs. same-size plans
- Employee saving8.0 / 1553th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score34 / 100 · Grade D
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 35th |
| Lower admin cost | 33th |
| Employee saving | 53th |
| Peers that auto-enroll | 36% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($62,877 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Cornerstones of Care put in about $507 per active participant, below the typical peer ($976). 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 (0.37% of assets) are well above similar-size plans (0.23%). 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 auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $334,573 |
| Participant (employee) contributions | $1,820,612 |
| Other contributions (incl. rollovers in) | $53,236 |
| Administrative expenses paid from the plan | $50,727 |
| Benefits paid out | $1,167,197 |
| Net assets, start / end of year | $12.5M / $15.1M |
| Active participants, start / end of year | 670 / 651 |
| Participants with account balances | 896 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cla |
Largest service providers (Schedule C)
| Bokf, NA | $50,727 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250908115631NAL0040941874001, received 2025-09-08, EIN 43-1689138, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.