Plan Ledger DOL Form 5500 · updated monthly

Barrday Corp.401(k)

BARRDAY CORP. 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Barrday Corp. reported $2,757 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,488 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 0.019%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 870th-largest of 2,005 plans among North Carolina employers on file, and 7,032nd of 13,661 in manufacturing. In 2024, employees put in $2.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,229,185
Participants with balances196
Active participants163
Employer contributions$242,525
Employee contributions$697,642
Employer contribution per active participant$1,488
Average account balance$77,700
Benefits paid to participants$2,413,548
Plan auditUnmodified (clean) audit opinion
AuditorRH CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 196 accts · $243K emplr
2023$14.5M · 195 accts · $249K emplr
2022$12.9M · 194 accts · $231K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,757
Total administrative$2,757
The Barrday Corp. 401(k) match · 2024
Employer contribution per active participant$1,488
Median for plans this size$2,416
2024$1,488 per active participant
2023$1,616 per active participant
2022$1,542 per active participant

Barrday Corp.'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 · 20243
EMPOWER ADVISORY GROUP · Investment management$1,605
COMPENSATION SYSTEMS, INC. · Contract administratorindirect comp

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$2,757 · 0.02%
2023$1,592 · 0.01%
2022$2,598 · 0.02%
Same employer
Similar plansManufacturing · North Carolina
Exela Pharma Sciences, LLC NC$15.8M · 0.31%
Cgr Products Inc. NC$15.3M · 0.34%
American Truetzschler, Inc. NC$15.0M · 0.27%
Wright of Thomasville, Inc. NC$14.9M · 0.46%
Box-Board Products, Inc. NC$14.8M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562200417 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.