Plan Ledger DOL Form 5500 · updated monthly

Ascom US, Inc.401(k)

ASCOM (US), INC. RETIREMENT PLAN · MORRISVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Ascom US, Inc. reported $94,261 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $4,786 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 3 years on file its reported administrative ratio has held roughly steady near 0.402%. 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 622nd-largest of 2,005 plans among North Carolina employers on file, and the 868th of 2,199 in information & media. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,833,308
Participants with balances225
Active participants173
Employer contributions$827,927
Employee contributions$1,841,672
Employer contribution per active participant$4,786
Average account balance$114,815
Benefits paid to participants$1,111,334
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS OVERMAN PIERCE
Plan history3
Yearassets · accounts · employer contribution
2024$25.8M · 225 accts · $828K emplr
2023$21.1M · 217 accts · $778K emplr
2022$18.2M · 207 accts · $700K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,765
Investment management$57,496
Total administrative$94,261
The Ascom US, Inc. 401(k) match · 2024
Employer contribution per active participant$4,786
Median for plans this size$2,416
2024$4,786 per active participant
2023$4,348 per active participant
2022$4,020 per active participant

Ascom US, 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 · 20244
GUARDIAN WEALTH PARTNERS LLP · Investment advisory (plan)$46,575
MVP PLAN ADMINISTRATORS · Contract administrator$12,470
EMPOWER ADVISORY GROUP LLC · Investment management$10,921

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$94,261 · 0.40%
2023$85,051 · 0.43%
2022$77,309 · 0.40%
Same employer
Similar plansInformation & Media · North Carolina
Eli Research, LLC NC$30.5M · 0.78%
Pace Communications, Inc. NC$30.0M · 0.29%
Relay, Inc. NC$27.7M · 0.26%
Telit Iot Solutions, Inc. NC$25.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522228503 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.