Plan Ledger DOL Form 5500 · updated monthly

Captive-Aire Systems, Inc.401(k)

CAPTIVE-AIRE SYSTEMS, INC. 401(K) PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Captive-Aire Systems, Inc. reported $38,764 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,066 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 0.04% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 142nd-largest of 2,005 plans among North Carolina employers on file, and the 1,347th of 13,661 in manufacturing. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 2,342 to 2,729 since 2022.

Plan summary
Net assets, end of year$161,305,326
Participants with balances2,734
Active participants2,729
Employer contributions$5,637,609
Employee contributions$12,370,265
Employer contribution per active participant$2,066
Average account balance$59,000
Benefits paid to participants$7,049,604
Plan auditUnmodified (clean) audit opinion
AuditorR SCOTT GRADY, CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$161.3M · 2,734 accts · $5.6M emplr
2023$129.3M · 2,522 accts · $4.9M emplr
2022$99.1M · 2,351 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,764
Total administrative$38,764
The Captive-Aire Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$2,066
Median for plans this size$3,635
2024$2,066 per active participant
2023$1,941 per active participant
2022$1,561 per active participant

Captive-Aire Systems, Inc.'s 2024 employer contribution ran below the $3,635 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
NWPS · Recordkeeping$38,764

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

Recordkeeper by year2
2024NWPS
2023NWPS

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Administrative cost history3
2024$38,764 · 0.03%
2023$36,195 · 0.03%
2022$43,464 · 0.04%
Same employer
Similar plansManufacturing · North Carolina
Treasure Holdco, Inc. NC$171.8M · 0.00%
Bioventus LLC NC$169.6M · 0.08%
Form Technologies, Inc. NC$159.0M · 0.09%
Unifi, Inc. NC$157.9M · 0.12%
Butterball, LLC NC$155.6M · 0.14%
Bell and Howell, LLC NC$144.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561300971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.