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Original filing (PDF)20251014120836NAL0002849633001
CORETECH CONSULTING GROUP, LLC
Form 5500
FILING_RECEIVED
MAGIC SOFTWARE PARTICIPATING COMPANIES 401(K) PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
2,347
Accounts w/ balance
4,759
Plan assets (EOY)
$52.2M
Net assets (EOY)
$52.2M
How this plan invests
This plan
20 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 38 bps in Schedule C fees — 139% above peer band of 16 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for CORETECH CONSULTING GROUP, LLC.
Plan sponsor
Name
CORETECH CONSULTING GROUP, LLC
EIN
04-3709993
Address
500 WEST OFFICE CENTER DRIVE · SUITE 150 · FORT WASHINGTON, PA · 190343215
Phone
(610) 922-0800
Industry
Professional & Technical Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2T · Default investment account (QDIA)
2K · 401(m) arrangement
2S · Automatic enrollment
3H · Sponsor in controlled / affiliated group
3D · Pre-approved plan (master / prototype / VS)
3B · Covers self-employed individuals
Audit & trust (Schedule H)
Auditor
TEAL BECKER
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ENVESTNET RETIREMENT SOLUTIONS | 20-1409613 | — | ADVISORY | $30K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| TEAL, BECKER & CHIARAMONTE | 14-1624930 | — | AUDITOR | $27K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | 35-1140070 | — | SERVICE PROVIDER | $142K | — |
Investments
20 direct securities· $52.2M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Or Similar Party Maturity Value ISHARES S&P 500 INDEX INVESTOR A SHARES MUTUAL FUND | — | — | — | $7.9M | 15.2% | |
| LINCOLN STABLE VALUE ACCOUNT FIXED ANNUITY CONTRACT | — | — | — | $6.3M | 12.1% | |
| CLEARBRIDGE LARGE CAP GROWTH CLASS A MUTUAL FUND | — | — | — | $6.0M | 11.5% | |
| COLUMBIA DIVIDEND INCOME CLASS A MUTUAL FUND | — | — | — | $5.6M | 10.8% | |
| ISHARES MSCI EAFE INTERNATIONAL INDEX INVESTOR A SHARES MUTUAL FUND | — | — | — | $4.1M | 7.8% | |
| INVESCO CORE PLUS BOND CLASS A MUTUAL FUND | — | — | — | $3.4M | 6.6% | |
| MFS INTERNATIONAL GROWTH CLASS A MUTUAL FUND | — | — | — | $3.0M | 5.7% | |
| JANUS HENDERSON GLOBAL EQUITY INCOME CLASS A MUTUAL FUND | — | — | — | $2.9M | 5.6% | |
| NEUBERGER BERMAN STRATEGIC INCOME CLASS A MUTUAL FUND | — | — | — | $2.9M | 5.5% | |
| BLACKROCK HIGH YIELD BOND INVESTOR A SHARES MUTUAL FUND | — | — | — | $2.7M | 5.2% | |
| INVESCO DEVELOPING MARKETS MUTUAL FUND | — | — | — | $2.0M | 3.9% | |
| COLUMBIA MID CAP INDEX CLASS A MUTUAL FUND | — | — | — | $1.0M | 2.0% | |
| ISHARES RUSSELL 2000 SMALL CAP INDEX INVESTOR A SHARES MUTUAL FUND | — | — | — | $972K | 1.9% | |
| INVESCO DISCOVERY MID CAP GROWTH MUTUAL FUND | — | — | — | $709K | 1.4% | |
| UNDISCOVERED MANAGERS BEHAVIORAL VALUE CLASS A MUTUAL FUND | — | — | — | $655K | 1.3% | |
| MFS MID CAP VALUE CLASS A MUTUAL FUND | — | — | — | $600K | 1.2% | |
| ALGER SMALL CAP FOCUS CLASS A MUTUAL FUND | — | — | — | $590K | 1.1% | |
| Notes receivable from participants 4.25% - 9.50% | — | — | — | $423K | 0.8% | |
| MFS GLOBAL EQUITY CLASS A MUTUAL FUND | — | — | — | $207K | 0.4% | |
| FIRST EAGLE GLOBAL CLASS A MUTUAL FUND | — | — | — | $121K | 0.2% |