Plan Ledger DOL Form 5500 · updated monthly

Clinical Ink401(k)

CLINICAL INK RETIREMENT TRUST · WINSTON-SALEM, NC · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Clinical Ink reported $152,204 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,968 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 1.19% to 0.96%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 806th-largest of 2,005 plans among North Carolina employers on file, and 6,125th of 11,654 in professional & technical services. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has shrunk from 246 to 210 since 2022.

Plan summary
Net assets, end of year$17,044,604
Participants with balances233
Active participants210
Employer contributions$833,188
Employee contributions$1,765,312
Employer contribution per active participant$3,968
Average account balance$73,153
Benefits paid to participants$2,678,780
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 233 accts · $833K emplr
2023$14.8M · 245 accts · $873K emplr
2022$10.4M · 266 accts · $943K emplr
Administrative expenses, itemized · 2024
Investment management$152,204
Total administrative$152,204
The Clinical Ink 401(k) match · 2024
Employer contribution per active participant$3,968
Median for plans this size$2,416
2024$3,968 per active participant
2023$4,136 per active participant
2022$3,834 per active participant

Clinical Ink'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 · 20244
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$39,488
EMPOWER ADVISORY GROUP, LLC · Investment management$9,485
ATLANTIC PENSION SERVICES, INC. · Contract administrator$6,950

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

Administrative cost history3
2024$152,204 · 0.96%
2023$133,557 · 1.06%
2022$122,975 · 1.19%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Med-El Corporation NC$17.6M · 0.35%
Vets Pets NC$17.4M · 0.29%
Cprime, Inc. NC$17.3M · 0.64%
Ltm Inc. NC$16.8M · 0.29%
Employee Retirement Plan NC$15.9M · 0.39%
Cr Legal Team, LLP NC$15.9M · 0.05%
Agbiome, Inc. NC$15.7M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272987645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.