Plan Ledger DOL Form 5500 · updated monthly

A.A.R. of North Carolina, Inc.401(k)

A.A.R. OF NORTH CAROLINA 401(K) PLAN · KERNERSVILLE, NC · plan year 2022

Reported admin expense ratio · 2022
0.31%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

A.A.R. of North Carolina, Inc. reported $5,379 in plan administrative expenses for 2022: 0.31% of average plan assets, below the peer median. Employer contributions averaged $736 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in North Carolina (1,784th of 2,005), and 4,856th of 5,337 in construction. In 2022, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,914,494
Participants with balances79
Active participants122
Employer contributions$89,799
Employee contributions$149,871
Employer contribution per active participant$736
Average account balance$24,234
Benefits paid to participants$42,790
Plan auditUnmodified (clean) audit opinion
AuditorSHELTON & COMPANY, CPAS, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,379
Total administrative$5,379
The A.A.R. of North Carolina, Inc. 401(k) match · 2022
Employer contribution per active participant$736
Median for plans this size$1,114

A.A.R. of North Carolina, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$5,379 · 0.31%
Same employer
Similar plansConstruction · North Carolina
Powerworks Electric, LLC NC$2.2M · 0.22%
Doggett Concrete, Inc. NC$2.0M · 0.90%
Aptus Group USA NC$1.9M · 0.26%
Nhm Constructors, LLC NC$1.7M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561542985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.