Plan Ledger DOL Form 5500 · updated monthly

Carolina Sunrock, LLC.401(k)

CAROLINA SUNROCK LLC 401(K) RETIREMENT PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Carolina Sunrock, LLC. reported $75,397 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $4,877 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 3 years on file its reported administrative ratio has held roughly steady near 0.387%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 713th-largest of 2,005 plans among North Carolina employers on file, and the 303rd of 612 in mining, oil & gas extraction. In 2024, the employer put in $2.00 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$20,943,600
Participants with balances446
Active participants436
Employer contributions$2,126,227
Employee contributions$1,062,398
Employer contribution per active participant$4,877
Average account balance$46,959
Benefits paid to participants$2,672,971
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.9M · 446 accts · $2.1M emplr
2023$18.1M · 438 accts · $996K emplr
2022$13.8M · 422 accts · $876K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,397
Total administrative$75,397
The Carolina Sunrock, LLC. 401(k) match · 2024
Employer contribution per active participant$4,877
Median for plans this size$2,416
2024$4,877 per active participant
2023$2,328 per active participant
2022$2,207 per active participant

Carolina Sunrock, LLC.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$75,397

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$75,397 · 0.39%
2023$61,504 · 0.39%
2022$55,826 · 0.39%
Same employer
Similar plansMining, Oil & Gas Extraction · North Carolina
Sibelco North America, Inc. NC$45.4M · 0.04%
Wake Stone Corporation NC$39.3M · 0.19%
The Quartz Corp USA NC$10.0M · 0.64%
Eagle Rock Concrete, LLC NC$1.4M · 1.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161229683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.