Plan Ledger DOL Form 5500 · updated monthly

Adwerx, Inc.401(k)

ADWERX,INC. RETIREMENT PLAN · DURHAM, NC · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Adwerx, Inc. reported $23,169 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $4,864 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 rose from 0.33% to 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,394th of 2,005), and 9,512th of 11,654 in professional & technical services. In 2024, employees put in $2.13 for every $1.00 the employer contributed; active participation has shrunk from 78 to 46 since 2022.

Plan summary
Net assets, end of year$5,702,711
Participants with balances102
Active participants46
Employer contributions$223,736
Employee contributions$476,955
Employer contribution per active participant$4,864
Average account balance$55,909
Benefits paid to participants$1,395,103
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 102 accts · $224K emplr
2023$5.5M · 121 accts · $258K emplr
2022$4.7M · 138 accts · $329K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,169
Investment management$6,000
Total administrative$23,169
The Adwerx, Inc. 401(k) match · 2024
Employer contribution per active participant$4,864
Median for plans this size$1,313
2024$4,864 per active participant
2023$3,628 per active participant
2022$4,224 per active participant

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

Service providers · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$15,169
FIDUCIARY WEALTH MANAGEMENT · Investment advisory (plan)$6,000

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$23,169 · 0.41%
2023$15,257 · 0.30%
2022$16,336 · 0.33%
Similar plansProfessional & Technical Services · North Carolina
Vantaca, LLC NC$6.1M · 0.02%
Sokal Media Group, Inc. NC$5.6M · 0.34%
Tsi Healthcare, Inc. NC$5.6M · 0.39%
Bellomy Research NC$5.6M · 0.03%
Bennett Aerospace, Inc. NC$5.5M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472283655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.