Plan Ledger DOL Form 5500 · updated monthly

Ac Corporation401(k)

AC CORPORATION 401(K) EMPLOYEE SAVINGS AND PROTECTION PLAN · GREENSBORO, NC · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

Ac Corporation reported $57,811 in plan administrative expenses for 2022: 0.15% of average plan assets, below the peer median. Employer contributions averaged $1,394 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is the 517th-largest of 2,005 plans among North Carolina employers on file, and the 1,428th of 5,337 in construction. In 2022, employees put in $4.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,206,998
Participants with balances489
Active participants422
Employer contributions$588,476
Employee contributions$2,504,767
Employer contribution per active participant$1,394
Average account balance$67,908
Benefits paid to participants$5,241,965
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON AND COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $500K emplr
2022$33.2M · 489 accts · $588K emplr
The Ac Corporation 401(k) match · 2022
Employer contribution per active participant$1,394
Median for plans this size$2,266

Ac Corporation's 2022 employer contribution ran below the $2,266 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 history2
2023Not separately reported
2022$57,811 · 0.15%
Same employer
Similar plansConstruction · North Carolina
Brady Trane Service, Inc. NC$43.2M · 0.01%
Samet Corporation NC$38.8M · 0.25%
Ibex Hc, LLC NC$34.1M
Ruston Paving Company, Inc. NC$33.2M · 0.25%
McGee Brothers Co., Inc. NC$32.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560117700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.