Plan Ledger DOL Form 5500 · updated monthly

Advanced Digital Cable, Inc401(k)

ADVANCED DIGITAL CABLE, INC 401(K) PLAN · HAYESVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.97%

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

Advanced Digital Cable, Inc reported $52,800 in plan administrative expenses for 2024: 0.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,361 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.

Across the 2 years on file its reported administrative ratio fell from 1.83% to 0.97%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,374th of 2,005), and 10,682nd of 13,661 in manufacturing. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has grown from 154 to 177 since 2022.

Plan summary
Net assets, end of year$5,997,342
Participants with balances106
Active participants177
Employer contributions$240,858
Employee contributions$420,516
Employer contribution per active participant$1,361
Average account balance$56,579
Benefits paid to participants$341,216
Plan auditUnmodified (clean) audit opinion
AuditorAGL CPA GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 106 accts · $241K emplr
2023$4.9M · 114 accts · $242K emplr
2022$3.4M · 94 accts · $205K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,800
Total administrative$52,800
The Advanced Digital Cable, Inc 401(k) match · 2024
Employer contribution per active participant$1,361
Median for plans this size$1,313
2024$1,361 per active participant
2023$1,346 per active participant
2022$1,331 per active participant

Advanced Digital Cable, Inc's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$45,738
NOVA 401K ASSOCIATES LP · Recordkeeping · Loan processing$3,334
ADMINISTRATIVE FIDUCIARY SERVICES I · Investment advisory (plan)$4,393
OSAIC WEALTH INC · Insurance broker · Insurance servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024NOVA 401K ASSOCIATES LP, Transamerica
2023John Hancock, NOVA 401K ASSOCIATES LP, Transamerica

This plan has changed recordkeepers within these filings. If you left Advanced Digital Cable, Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$52,800 · 0.97%
2023$44,117 · 1.07%
2022$65,642 · 1.83%
Same employer
Similar plansManufacturing · North Carolina
Hornwood, Inc. NC$6.5M · 0.78%
Dave Steel Company, Inc. NC$6.2M · 0.56%
Staunton Capital, Inc. NC$6.2M · 0.46%
Safeguard US Holdco Inc. NC$5.8M · 0.65%
Xceldyne, LLC NC$5.8M · 0.29%
The Pork Company NC$5.8M · 0.26%
Kendrionshelby, Inc. NC$5.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621690046 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.