Plan Ledger DOL Form 5500 · updated monthly

Catapult Employers Association401(k)

CATAPULT EMPLOYERS ASSOCIATION 401(K) PROFIT SHARING PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Catapult Employers Association reported $40,167 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $3,235 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in North Carolina (1,035th of 2,005), and the 1,549th of 3,341 in other services. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,232,538
Participants with balances148
Active participants84
Employer contributions$271,744
Employee contributions$464,217
Employer contribution per active participant$3,235
Average account balance$75,896
Benefits paid to participants$5,676,282
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,167
Total administrative$40,167
The Catapult Employers Association 401(k) match · 2024
Employer contribution per active participant$3,235
Median for plans this size$2,416

Catapult Employers Association's 2024 employer contribution ran above 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
NOVA 401(K) ASSOCIATES · Recordkeeping$4,442
LINCOLN NATIONAL CORPORATION · Contract administrator$43,782

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

Administrative cost history1
2024$40,167 · 0.31%
Similar plansOther Services · North Carolina
Monarch NC$14.6M · 0.21%
Boon Edam, Inc. NC$14.5M · 0.04%
1-800-PACK-RAT, LLC NC$11.0M · 0.43%
United World Mission NC$10.0M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560670576 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.