401k Record

Employers › Commercial Credit Group

Commercial Credit Group 401(k)

Recordkeeping fees per participant · Commercial Credit Group Inc. 401(k) Plan · plan year 2024

$11.67

Higher than 11% of the 14,075 plans $10 to 50M that report it.

Source

= $2,720 / 233
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250716115023NAL0003151377001, received 2025-07-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250716115023NAL0003151377001, received 2025-07-16

10th: $10.53median $83.9490th: $217.08

Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-16.

Cost and contributions

Administrative expenses excluding investment management, per participant

$11.67

10th: $15.36median $118.8890th: $340.63

Higher than 7% of the 24,371 plans $10 to 50M that report it.

Source

= $2,720 / 233
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250716115023NAL0003151377001, received 2025-07-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250716115023NAL0003151377001, received 2025-07-16

Administrative expenses per participant

$11.67

10th: $26.86median $197.2590th: $456.10

Higher than 4% of the 25,098 plans $10 to 50M that report it.

Source

= $2,720 / 233
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250716115023NAL0003151377001, received 2025-07-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250716115023NAL0003151377001, received 2025-07-16

Administrative expenses as a share of assets

0.008%

10th: 0.035%median 0.289%90th: 0.599%

Higher than 2% of the 25,132 plans $10 to 50M that report it.

Source

= $2,720 / $34,997,965
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250716115023NAL0003151377001, received 2025-07-16
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250716115023NAL0003151377001, received 2025-07-16

Employer contributions per participant

$2,558

10th: $664median $2,07490th: $4,751

Higher than 63% of the 24,050 plans $10 to 50M that report it.

Source

= $595,957 / 233
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250716115023NAL0003151377001, received 2025-07-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250716115023NAL0003151377001, received 2025-07-16

Employer share of total contributions

21.7%

10th: 13.1%median 27.9%90th: 45.2%

Higher than 29% of the 24,084 plans $10 to 50M that report it.

Source

= $595,957 / $2,751,959
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250716115023NAL0003151377001, received 2025-07-16
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250716115023NAL0003151377001, received 2025-07-16

Plan terms, as stated in Commercial Credit Group Inc.'s SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250716115023NAL0003151377001, received 2025-07-16

Full record, Commercial Credit Group Inc. 401(k) Plan

FieldValueSource
Plan sponsorCOMMERCIAL CREDIT GROUP INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250716115023NAL0003151377001, received 2025-07-16
Plan nameCOMMERCIAL CREDIT GROUP INC. 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250716115023NAL0003151377001, received 2025-07-16
Sponsor EIN / plan number20-1409176 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250716115023NAL0003151377001, received 2025-07-16
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250716115023NAL0003151377001, received 2025-07-16
Sponsor locationCHARLOTTE, NCForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250716115023NAL0003151377001, received 2025-07-16
Industry (business code)522220, Finance and insuranceForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250716115023NAL0003151377001, received 2025-07-16
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250716115023NAL0003151377001, received 2025-07-16
Filing received2025-07-16Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250716115023NAL0003151377001, received 2025-07-16
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250716115023NAL0003151377001, received 2025-07-16
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250716115023NAL0003151377001, received 2025-07-16
Participants, beginning of year287Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250716115023NAL0003151377001, received 2025-07-16
Active participants266Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250716115023NAL0003151377001, received 2025-07-16
Participants, end of year299Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250716115023NAL0003151377001, received 2025-07-16
Participants with an account balance233Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250716115023NAL0003151377001, received 2025-07-16
Total assets, beginning of year$29,476,476Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250716115023NAL0003151377001, received 2025-07-16
Total assets, end of year$34,997,965Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250716115023NAL0003151377001, received 2025-07-16
Net assets, end of year$34,997,965Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250716115023NAL0003151377001, received 2025-07-16
Total income$7,650,718Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250716115023NAL0003151377001, received 2025-07-16
Net income$5,521,489Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250716115023NAL0003151377001, received 2025-07-16
Employer contributions$595,957Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250716115023NAL0003151377001, received 2025-07-16
Participant contributions$2,011,912Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250716115023NAL0003151377001, received 2025-07-16
Other contributions (incl. rollovers)$144,090Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250716115023NAL0003151377001, received 2025-07-16
Total contributions$2,751,959Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250716115023NAL0003151377001, received 2025-07-16
Benefit payments$2,126,509Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250716115023NAL0003151377001, received 2025-07-16
Total expenses (incl. benefit payments)$2,129,229Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250716115023NAL0003151377001, received 2025-07-16
Total administrative expenses$2,720Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250716115023NAL0003151377001, received 2025-07-16
Contract administrator fees$0Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250716115023NAL0003151377001, received 2025-07-16
Recordkeeping fees$2,720Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250716115023NAL0003151377001, received 2025-07-16
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250716115023NAL0003151377001, received 2025-07-16
Investment advisory and management fees$0Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250716115023NAL0003151377001, received 2025-07-16
Administrative expenses excluding investment management$2,720derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250716115023NAL0003151377001, received 2025-07-16
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250716115023NAL0003151377001, received 2025-07-16
Held in common/collective trusts$15,089,212Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250716115023NAL0003151377001, received 2025-07-16
Held in mutual funds$18,588,775Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250716115023NAL0003151377001, received 2025-07-16
Independent auditorCLIFTONLARSONALLEN LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250716115023NAL0003151377001, received 2025-07-16

Position = column in the DOL layout for form year 2024. Filing 20250716115023NAL0003151377001, received 2025-07-16.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
JPMORGAN INVEST HOLDINGS LLCrecordkeeperRECORDKEEPER 64 Recordkeeping fees $1,280yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250716115023NAL0003151377001, received 2025-07-16.

What changed since the 2023 plan year

Figure20232024Change
Total assets$29,476,476$34,997,96518.7%
Participants with a balance20823312.0%
Administrative expenses$2,594$2,7204.9%
Recordkeeping fees per participantnot reported$11.67
Employer contributions$461,308$595,95729.2%

Prior filing 20240717153626NAL0004320721001, received 2024-07-17; the plan years are contiguous.

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Sponsor name as filed: COMMERCIAL CREDIT GROUP INC.; SEC registrant: COMMERCIAL CREDIT GROUP INC (CIK 1340672, matched by EIN).