Cornerstone Employer Solutions 401(k) Plan: Login, Facts & Contact Information

Cornerstone Employer Solutions 401(k) Plan Facts

Plan name
CORNERSTONE EMPLOYER SOLUTIONS RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CORNERSTONE EMPLOYER SOLUTIONS
Participants
2,365 (2,282 active employees)
Former employees with a balance
785
Plan assets
$59,049,820 at Dec 31, 2022
Average account balance
$34,431 across 1,715 accounts
Employer contributions
$2,801,280 in plan year 2022 (30% of all contributions)
Recordkeeper
Slavic Integrated Administration
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 2015
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 13, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $9.35 million went into the plan in contributions, $2.80 million of it from the employer (30%).
  • $3.07 million was paid out to participants.
  • Administrative expenses were $428,271, about $250 per account.

How the Cornerstone Employer Solutions 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017201$5.42 million$277,218$440,709
2018429$7.92 million$343,913$161,010
2019723$24.7 million$1.23 million$437,898
20201,509$33.1 million$2.25 million$4.12 million
20211,960$59.0 million$2.83 million$5.20 million
20222,365$59.0 million$2.80 million$3.07 million

Cornerstone Employer Solutions 401(k) Contact Information

Phone
314-373-2902
Mailing address
721 EMERSON RD STE 500, SAINT LOUIS MO 631416757
Plan sponsor
CORNERSTONE EMPLOYER SOLUTIONS
Employer identification number (EIN)
47-1197332
Plan number
333

Questions about the Cornerstone Employer Solutions 401(k)

Does Cornerstone Employer Solutions contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $2.80 million, 30% of all contributions.

Does the Cornerstone Employer Solutions 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Cornerstone Employer Solutions 401(k) plan?

2,365 participants at the start of plan year 2022, 2,282 of them active employees, and 785 former employees who still had money in the plan.

What is the average 401(k) balance at Cornerstone Employer Solutions?

About $34,431 per account: $59.0 million in plan assets across 1,715 accounts with a balance at the end of plan year 2022.

Who manages the Cornerstone Employer Solutions 401(k) accounts?

Slavic401k (listed on the filing as SLAVIC INTEGRATED ADMINISTRATION) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Cornerstone Employer Solutions. How do I access my 401(k)?

Your account stays with Slavic401k after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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