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Original filing (PDF)20250211064313NAL0037192722001

CORRADO MANAGEMENT SERVICES, LLC

Form 5500
FILING_RECEIVED
CORRADO MANAGEMENT SERVICES, LLC GROUP MEDICAL PLAN
Health & welfare plan
Signals · 2
~636 bps in Sched C feesNo recordkeeper disclosed
Active participants
123
Accounts w/ balance
Plan assets (EOY)
$2.0M
Net assets (EOY)
$1.8M
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
  • 636 bps in Schedule C fees — 1123% above peer band of 52 bps.
  • No recordkeeper disclosed on Schedule C.
Helping the score
  • Concentration not scored — Schedule of Assets PDF not yet parsed for this plan.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for CORRADO MANAGEMENT SERVICES, LLC.
Plan sponsor
Name
CORRADO MANAGEMENT SERVICES, LLC
EIN
20-5206800
Address
204 MARSH LANE · NEW CASTLE, DE · 19720
Phone
(302) 669-6044
Industry
Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
504
Plan year
2023
Plan year begin
2023-08-01
Tax period
2024-07-31
Filed
2025-02-11
Welfare benefit codes
4A · Health (other than dental or vision)
Audit & trust (Schedule H)
Auditor
RKL LLP
Trustee / custodian
Trustee phone

Service providers (Schedule C)

4 rows
Broker
2
NameEINLocationRelationDirect compIndirect comp
MCCONKEY BENEFITS & FINANCIAL SERV23-3086396BROKER$42K
THE BENECON GROUP, LLC23-1315351BROKER$2K
Other
2
NameEINLocationRelationDirect compIndirect comp
HIGHMARK23-1294723ADMIN$72K
BENEFITMALLTOWSON, MDADMIN$8K

Investments

The Schedule of Assets is filed as a free-form PDF attachment on EFAST2; we parse these offline and coverage is partial (priority is the largest plans by EOY assets). This plan also reports no pooled (Schedule D) interests, so its holdings aren’t hidden on a master-trust filing. The line-item data lives on DOL EFAST2 under the same ACK_ID.

See Methodology > Data linkages for how Form 5500 / Schedule H / Schedule D / Schedule of Assets fit together.

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