Plan Ledger DOL Form 5500 · updated monthly

Channeladvisor Corporation401(k)

RITHUM CORPORATION 401(K) PLAN · MORRISVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Channeladvisor Corporation reported $87,894 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $6,802 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 $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 189th-largest of 2,005 plans among North Carolina employers on file, and the 1,389th of 11,654 in professional & technical services. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$109,273,660
Participants with balances903
Active participants513
Employer contributions$3,489,538
Employee contributions$6,063,747
Employer contribution per active participant$6,802
Average account balance$121,012
Benefits paid to participants$20,046,193
Plan auditUnmodified (clean) audit opinion
AuditorWOJESKI & COMPANY CPAS, P.C.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,837
Investment management$32,057
Total administrative$87,894
The Channeladvisor Corporation 401(k) match · 2024
Employer contribution per active participant$6,802
Median for plans this size$3,635

Channeladvisor Corporation's 2024 employer contribution ran above the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$55,888
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$32,057

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$87,894 · 0.11%
All plans at this employer2
CHANNELADVISOR CORPORATION 401(K) PROFIT SHARING PLAN401(k)
RITHUM CORPORATION 401(K) PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · North Carolina
S&Me, Inc. NC$117.9M · 0.14%
Kbi Biopharma, Inc. NC$112.2M · 0.20%
Ncino, Inc. NC$110.3M · 0.01%
Octapharma Plasma, Inc. NC$106.1M · 1.14%
Propharma Group NC$104.7M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 562257867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.