Plan Ledger DOL Form 5500 · updated monthly

Arcatech Systems, LLC401(k)

ARCATECH SYSTEMS PROFIT SHARING AND RETIREMENT PLAN · MEBANE, NC · plan year 2023

Reported admin expense ratio · 2023
0.92%

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

Arcatech Systems, LLC reported $37,666 in plan administrative expenses for 2023: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,863 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 1 year on file its reported administrative ratio fell from 0.98% to 0.92%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,503rd of 2,005), and 11,492nd of 13,661 in manufacturing. In 2023, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,460,465
Participants with balances117
Active participants88
Employer contributions$251,925
Employee contributions$467,295
Employer contribution per active participant$2,863
Average account balance$38,124
Benefits paid to participants$653,564
Plan auditUnmodified (clean) audit opinion
AuditorHUGHES PITTMAN & GUPTON LLP
Plan history2
Yearassets · accounts · employer contribution
2023$4.5M · 117 accts · $252K emplr
2022$3.7M · 110 accts · $243K emplr
The Arcatech Systems, LLC 401(k) match · 2023
Employer contribution per active participant$2,863
Median for plans this size$1,308
2023$2,863 per active participant
2022$2,475 per active participant

Arcatech Systems, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
WAVERLY ADVISORS, LLC · Pension consulting · Investment advisory (participants)$37,666

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

Administrative cost history2
2023$37,666 · 0.92%
2022$38,591 · 0.98%
Same employer
Similar plansManufacturing · North Carolina
Carolina Stalite Company NC$4.8M · 0.46%
Ksm Castings USA Inc. NC$4.7M · 0.23%
Efa, Inc. NC$4.4M · 0.42%
Golding Farms Foods, Inc. NC$4.4M · 0.20%
Darnel Inc NC$4.3M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134032170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.