Plan Ledger DOL Form 5500 · updated monthly

Aquity Solutions, LLC401(k)

AQUITY SOLUTIONS, LLC 401(K) PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Aquity Solutions, LLC reported $364,415 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 0.46% to 0.62%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 329th-largest of 2,005 plans among North Carolina employers on file, and the 2,396th of 11,654 in professional & technical services. active participation has shrunk from 2,123 to 1,248 since 2022.

Plan summary
Net assets, end of year$59,564,664
Participants with balances1,162
Active participants1,248
Employer contributions$0
Employee contributions$2,294,455
Employer contribution per active participant$0
Average account balance$51,260
Benefits paid to participants$9,292,951
Plan auditUnmodified (clean) audit opinion
AuditorBAKERS TILLY US, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$59.6M · 1,162 accts
2023$58.6M · 1,351 accts
2022$52.1M · 1,515 accts · $1.3M emplr
The Aquity Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635

Aquity Solutions, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20244
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$207,174
CAPTRUST$134,769
BAKER TILLY U, LLP · Accounting / audit$14,980
BAKER TILLY US, LLP$7,490

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$364,415 · 0.62%
2023$346,352 · 0.63%
2022$272,173 · 0.46%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Fmi Corporation NC$67.1M · 0.17%
Cranfill Sumner LLP NC$64.0M · 0.14%
Drake Software NC$60.9M · 0.54%
Midrex Technologies, Inc. NC$59.9M · 0.22%
Bioagilytix Labs, LLC NC$57.4M · 0.38%
Blueally Technology LLC NC$56.8M · 0.28%
Digital Turbine Inc. NC$55.4M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832898085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.