Plan Ledger DOL Form 5500 · updated monthly

Big Rock Sports LLC401(k)

BIG ROCK 401(K) SAVINGS PLAN · MOREHEAD CITY, NC · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Big Rock Sports LLC reported $135,046 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $24 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 fell from 0.37% to 0.34%. 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 446th-largest of 2,005 plans among North Carolina employers on file, and the 1,024th of 4,246 in wholesale trade. In 2024, employees put in $191.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,446,573
Participants with balances779
Active participants468
Employer contributions$11,455
Employee contributions$2,190,897
Employer contribution per active participant$24
Average account balance$51,921
Benefits paid to participants$4,971,296
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.4M · 779 accts · $11K emplr
2023$38.2M · 710 accts · $875K emplr
2022$35.7M · 715 accts · $902K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,045
Investment management$59,476
Audit (IQPA)$21,525
Total administrative$135,046
The Big Rock Sports LLC 401(k) match · 2024
Employer contribution per active participant$24
Median for plans this size$2,416
2024$24 per active participant
2023$1,809 per active participant
2022$1,751 per active participant

Big Rock Sports LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$54,045
MMA SECURITIES · Investment advisory (plan)$50,017
PBMARES · Accounting / audit$21,525
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,459

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$135,046 · 0.34%
2023$125,796 · 0.34%
2022$149,536 · 0.37%
Same employer
Similar plansWholesale Trade · North Carolina
Nsi Holdings, Inc. NC$50.6M · 0.28%
L&M Companies, Inc. NC$50.3M · 0.18%
Okuma America Corporation NC$46.0M · 0.07%
Salem Holding Company NC$34.8M · 0.34%
Pugh Lubricants LLC NC$34.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582579365 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.