Plan Ledger DOL Form 5500 · updated monthly

Apiture, Inc401(k)

APITURE 401(K) PLAN · WILMINGTON, NC · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Apiture, Inc reported $19,931 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,801 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 0.09% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 510th-largest of 2,005 plans among North Carolina employers on file, and the 3,826th of 11,654 in professional & technical services. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has grown from 279 to 307 since 2022.

Plan summary
Net assets, end of year$33,579,126
Participants with balances337
Active participants307
Employer contributions$2,088,022
Employee contributions$3,208,596
Employer contribution per active participant$6,801
Average account balance$99,641
Benefits paid to participants$1,681,103
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS MAZARS , LLP
Plan history3
Yearassets · accounts · employer contribution
2024$33.6M · 337 accts · $2.1M emplr
2023$25.3M · 307 accts · $1.8M emplr
2022$18.0M · 286 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,746
Investment management$10,185
Total administrative$19,931
The Apiture, Inc 401(k) match · 2024
Employer contribution per active participant$6,801
Median for plans this size$2,416
2024$6,801 per active participant
2023$6,262 per active participant
2022$6,152 per active participant

Apiture, Inc's 2024 employer contribution ran above the $2,416 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$10,185
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,746

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

Administrative cost history3
2024$19,931 · 0.07%
2023$15,316 · 0.07%
2022$15,886 · 0.09%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Landdesign, Inc. NC$37.4M · 0.34%
Greerwalker LLP NC$36.1M · 0.11%
Parata Systems, LLC NC$33.7M · 0.34%
Usfalcon, Inc. NC$33.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371861616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.