Plan Ledger DOL Form 5500 · updated monthly

Atlantic Squared Supply LLC401(k)

ATLANTIC SQUARED SUPPLY, LLC 401K PROFIT SHARING PLAN · SANFORD, NC · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Atlantic Squared Supply LLC reported $11,134 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,868 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 0.06% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 869th-largest of 2,005 plans among North Carolina employers on file, and 2,344th of 4,246 in wholesale trade. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 351 to 530 since 2022.

Plan summary
Net assets, end of year$15,233,275
Participants with balances502
Active participants530
Employer contributions$990,100
Employee contributions$1,818,662
Employer contribution per active participant$1,868
Average account balance$30,345
Benefits paid to participants$1,331,315
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 502 accts · $990K emplr
2023$11.6M · 424 accts · $812K emplr
2022$8.1M · 324 accts · $474K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,134
Total administrative$11,134
The Atlantic Squared Supply LLC 401(k) match · 2024
Employer contribution per active participant$1,868
Median for plans this size$2,416
2024$1,868 per active participant
2023$1,879 per active participant
2022$1,351 per active participant

Atlantic Squared Supply LLC'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 · 20241
AMERITAS LIFE INSURANCE CORPORATION · Recordkeeping · Loan processing$11,234

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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

Administrative cost history3
2024$11,134 · 0.08%
2023$13,904 · 0.14%
2022$4,462 · 0.06%
Same employer
Similar plansWholesale Trade · North Carolina
Groz-Beckert USA, Inc. NC$17.0M · 0.31%
Biesse America, Inc. NC$16.9M · 0.47%
Yale Carolinas, Inc. NC$16.4M · 0.40%
Mackay Communications, Inc. NC$16.0M · 0.37%
Polyquest, Inc. NC$14.3M · 0.43%
Europa Sports Partners, LLC NC$14.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 862655577 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.