Plan Ledger DOL Form 5500 · updated monthly

C.R. Onsrud, Inc.401(k)

C.R. ONSRUD, INC. 401(K) PROFIT SHARING PLAN · TROUTMAN, NC · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

C.R. Onsrud, Inc. reported $38,254 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,163 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 0.84% to 0.31%. 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 970th-largest of 2,005 plans among North Carolina employers on file, and 7,763rd of 13,661 in manufacturing. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,877,671
Participants with balances196
Active participants192
Employer contributions$415,336
Employee contributions$654,537
Employer contribution per active participant$2,163
Average account balance$65,702
Benefits paid to participants$1,385,540
Plan auditUnmodified (clean) audit opinion
AuditorGREER WALKER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 196 accts · $415K emplr
2023$11.6M · 196 accts · $407K emplr
2022$8.7M · 183 accts · $394K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,254
Total administrative$38,254
The C.R. Onsrud, Inc. 401(k) match · 2024
Employer contribution per active participant$2,163
Median for plans this size$2,416
2024$2,163 per active participant
2023$2,188 per active participant
2022$2,154 per active participant

C.R. Onsrud, Inc.'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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment managementindirect 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$38,254 · 0.31%
2023$85,137 · 0.84%
2022$66,084 · 0.84%
Same employer
Similar plansManufacturing · North Carolina
Sarstedt, Inc. NC$13.2M · 0.04%
Sealy Mattress Corporation NC$13.1M · 0.22%
Fairfield Chair Company NC$12.9M · 0.62%
J.R. Cole Industries, Inc. NC$12.8M · 0.50%
Fg Group Holdings, Inc. NC$12.8M · 0.64%
Oiles America Corporation NC$12.7M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561153184 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.