Plan Ledger DOL Form 5500 · updated monthly

Academi LLC401(k)

ACADEMI 401(K) PLAN · MOYOCK, NC · plan year 2016

Reported admin expense ratio · 2016
0.22%

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

Academi LLC reported $12,546 in plan administrative expenses for 2016: 0.22% of average plan assets, above the peer median. Employer contributions averaged $1,473 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 37 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in North Carolina (1,370th of 2,005), and 1,330th of 2,534 in administrative & support services. In 2016, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,061,128
Participants with balances765
Active participants394
Employer contributions$580,318
Employee contributions$753,972
Employer contribution per active participant$1,473
Average account balance$7,923
Benefits paid to participants$958,313
Plan auditDisclaimer of opinion
AuditorLERROSARBEY, PLLC
Plan history2
Yearassets · accounts · employer contribution
2017$0 · $98K emplr
2016$6.1M · 765 accts · $580K emplr
The Academi LLC 401(k) match · 2016
Employer contribution per active participant$1,473
Median for plans this size$304

Academi LLC's 2016 employer contribution ran above the $304 median for plans its size, placing it in the top quarter of its peers. 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 2016 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2017Not separately reported
2016$12,546 · 0.22%
Similar plansAdministrative & Support Services · North Carolina
Crg Corporation NC$6.4M · 0.28%
The Budd Group, Inc. NC$5.4M · 0.32%
Bni Global LLC NC$5.4M · 0.12%
Rcs Corporation NC$5.3M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510387381 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.