Plan Ledger DOL Form 5500 · updated monthly

Allbridge401(k)

ALLBRIDGE 401(K) PROFIT SHARING · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Allbridge reported $40,246 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $2,287 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 0.26% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 950th-largest of 2,005 plans among North Carolina employers on file, and 1,298th of 2,199 in information & media. In 2024, employees put in $3.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,392,085
Participants with balances257
Active participants168
Employer contributions$384,141
Employee contributions$1,380,823
Employer contribution per active participant$2,287
Average account balance$52,109
Benefits paid to participants$1,256,762
Plan auditUnmodified (clean) audit opinion
AuditorTHOMAS JUDY AND TUCKER P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 257 accts · $384K emplr
2023$11.1M · 259 accts · $300K emplr
2022$9.8M · 250 accts · $285K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,064
Investment management$18,182
Total administrative$40,246
The Allbridge 401(k) match · 2024
Employer contribution per active participant$2,287
Median for plans this size$2,416
2024$2,287 per active participant
2023$1,795 per active participant
2022$1,669 per active participant

Allbridge's 2024 employer contribution ran below the $2,416 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 · 20242
ADP, INC. · Recordkeeping$22,064
WEALTH ADVISORY GROUP, INC · Recordkeeping · Trustee$18,182

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

Recordkeeper by year2
2024ADP, WEALTH ADVISORY GROUP, INC
2023ADP, WEALTH ADVISORY GROUP, INC

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

Administrative cost history3
2024$40,246 · 0.33%
2023$35,081 · 0.34%
2022$28,951 · 0.26%
Same employer
Similar plansInformation & Media · North Carolina
Technology Partners, LLC NC$16.2M · 0.74%
Teamworks Innovations, Inc. NC$15.8M · 0.54%
Cdata Software, Inc. NC$14.8M · 0.02%
Etix, Inc. NC$11.1M · 0.11%
Grover Gaming, Inc. NC$10.8M · 0.78%
Lulu Press, Inc. NC$10.5M · 0.57%
Caring LLC NC$9.3M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201526712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.