Plan Ledger DOL Form 5500 · updated monthly

Clinipace Inc401(k)

CLINIPACE INC. 401(K) PROFIT SHARING PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Clinipace Inc reported $68,601 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $3,010 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 0.26% to 0.19%. 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 473rd-largest of 2,005 plans among North Carolina employers on file, and the 3,413th of 11,654 in professional & technical services. In 2024, employees put in $3.66 for every $1.00 the employer contributed; active participation has grown from 322 to 363 since 2022.

Plan summary
Net assets, end of year$38,438,927
Participants with balances482
Active participants363
Employer contributions$1,092,696
Employee contributions$4,001,369
Employer contribution per active participant$3,010
Average account balance$79,749
Benefits paid to participants$7,227,288
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.4M · 482 accts · $1.1M emplr
2023$33.5M · 463 accts · $1.1M emplr
2022$26.7M · 433 accts · $893K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,276
Investment management$6,325
Total administrative$68,601
The Clinipace Inc 401(k) match · 2024
Employer contribution per active participant$3,010
Median for plans this size$2,416
2024$3,010 per active participant
2023$2,996 per active participant
2022$2,774 per active participant

Clinipace Inc'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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$4,650

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$68,601 · 0.19%
2023$66,965 · 0.22%
2022$72,342 · 0.26%
Same employer
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Rcr Enterprises, LLC NC$39.0M · 0.27%
Medcost, LLC NC$38.9M · 0.36%
Tep Holdings, LLC NC$38.9M · 0.54%
Dystar LP NC$38.3M · 0.17%
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Greerwalker LLP NC$36.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300266681 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.