Plan Ledger DOL Form 5500 · updated monthly

Carolina Glove and Safety Company401(k)

CAROLINA GLOVE 401(K) PLAN · CONOVER, NC · plan year 2022

Reported admin expense ratio · 2022
0.40%

Carolina Glove and Safety Company reported $2,014 in plan administrative expenses for 2022: 0.40% of average plan assets, below the peer median. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in North Carolina (1,940th of 2,005), and 5,217th of 5,337 in construction.

Plan summary
Net assets, end of year$525,684
Participants with balances84
Active participants124
Employer contributions—
Employee contributions$110,349
Employer contribution per active participant—
Average account balance$6,258
Benefits paid to participants$117,856
Plan auditUnmodified (clean) audit opinion
AuditorMARTIN STARNES & ASSOCIATES CPAS PA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,014
Total administrative$2,014
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,014 · 0.40%
Same employer
Similar plansConstruction · North Carolina
Hyper Networks LLC NC$747K · 1.14%
Smith and Jennings, Inc. NC$702K · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560481693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.