Cornerstone Employer Solutions, LLC DBA Synchronyhr 401(k) match, vesting and fees
What Cornerstone Employer Solutions, LLC DBA Synchronyhr's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Ameritas Life Insurance Corp | Schedule C ↗ |
| Independent auditor | Cohnreznick LLP (disclaimer opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 277 defined-contribution plans in administrative, support and waste management services with 1,000 to 4,999 participants.
| Cornerstone Employer Solutions, LLC DBA Synchronyhr: employer contribution per participant | $1,876 | |
| Peer median | $1,484 |
| Cornerstone Employer Solutions, LLC DBA Synchronyhr: average balance | $43,994 | |
| Peer median | $40,329 |
| Cornerstone Employer Solutions, LLC DBA Synchronyhr: admin expenses ÷ assets | 0.60% | |
| Peer median | 0.34% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $59M at the end of plan year 2022 to $95.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,010 | $95.5M | $4.1M | $1,876 | 0.60% | Not published | Form 5500 ↗ |
| 2023 | 3,705 | $67.3M | $2M | $882 | 0.77% | Not published | Form 5500 ↗ |
| 2022 | 3,067 | $59M | $2.8M | $1,633 | 0.73% | Not published | Form 5500 ↗ |
Other Cornerstone Employer Solutions, LLC DBA Synchronyhr plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Cornerstone Employer Solutions Retirement Savings Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Slavic Integrated Administration | Schedule C ↗ |
| Independent auditor | Gill Cpa Services (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Common questions
Does Cornerstone Employer Solutions, LLC DBA Synchronyhr match 401(k) contributions?
The match terms for the Synchronyhr Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $4.1M in employer contributions, about $1,876 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Cornerstone Employer Solutions, LLC DBA Synchronyhr 401(k) match vested?
The vesting schedule for the Synchronyhr Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Cornerstone Employer Solutions, LLC DBA Synchronyhr 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Ameritas Life Insurance Corp. The plan administrator is Cornerstone Employer Solutions, LLC DBA Synchronyhr.
I left Cornerstone Employer Solutions, LLC DBA Synchronyhr. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Cornerstone Employer Solutions, LLC DBA Synchronyhr, (314) 222-5770) or the recordkeeper, Ameritas Life Insurance Corp. The Cornerstone Employer Solutions, LLC DBA Synchronyhr old 401(k) page lists the contacts from every plan filing. Find an old Cornerstone Employer Solutions, LLC DBA Synchronyhr 401(k)
Data from the public Form 5500 annual reports Cornerstone Employer Solutions, LLC DBA Synchronyhr filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Cornerstone Employer Solutions, LLC DBA Synchronyhr. Not financial advice. Report a correction · Methodology