Plan Ledger DOL Form 5500 · updated monthly

Baucom's Nursery Company401(k)

BAUCOM'S NURSERY COMPANY RETIREMENT SAVINGS PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Baucom's Nursery Company reported $10,597 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,228 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in North Carolina (1,488th of 2,005), and 655th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,704,022
Participants with balances138
Active participants121
Employer contributions$269,563
Employee contributions$365,873
Employer contribution per active participant$2,228
Average account balance$34,087
Benefits paid to participants$247,310
Plan auditDisclaimer of opinion
AuditorMELISSA G. CRITCHER, CPA, PC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,597
Total administrative$10,597
The Baucom's Nursery Company 401(k) match · 2024
Employer contribution per active participant$2,228
Median for plans this size$1,313

Baucom's Nursery Company's 2024 employer contribution ran above the $1,313 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, LLC · Investment management$1
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 history1
2024$10,597 · 0.25%
Similar plansAgriculture, Forestry & Fishing · North Carolina
Agdata, L.P. NC$23.0M · 0.19%
Duplin Wine Cellars, Inc NC$10.8M · 0.23%
Cahec Management, Inc. NC$9.3M · 0.54%
Pregel America, Inc. NC$3.3M · 0.89%
Prestige Farms, Inc. NC$3.0M · 0.14%
Van Wingerden Intl, Inc. NC$2.9M · 0.61%
N. G. Purvis Farms, Inc. NC$2.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560751089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.