Plan Ledger DOL Form 5500 · updated monthly

Cloud for Good, LLC401(k)

CLOUD FOR GOOD, LLC 401(K) PLAN · ASHEVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Cloud for Good, LLC reported $51,130 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $3,901 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 has held roughly steady near 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,122nd of 2,005), and 8,061st of 11,654 in professional & technical services. In 2024, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,782,674
Participants with balances160
Active participants170
Employer contributions$663,193
Employee contributions$1,532,902
Employer contribution per active participant$3,901
Average account balance$61,142
Benefits paid to participants$1,891,179
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLP
Plan history2
Yearassets · accounts · employer contribution
2024$9.8M · 160 accts · $663K emplr
2023$7.9M · 169 accts · $618K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,222
Investment management$30,908
Total administrative$51,130
The Cloud for Good, LLC 401(k) match · 2024
Employer contribution per active participant$3,901
Median for plans this size$1,313
2024$3,901 per active participant
2023$3,616 per active participant

Cloud for Good, LLC's 2024 employer contribution ran above the $1,313 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
COLTON GROOME FINANCIAL ADVISORS · Investment advisory (plan)$30,908

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

Administrative cost history2
2024$51,130 · 0.58%
2023$35,323 · 0.57%
Similar plansProfessional & Technical Services · North Carolina
Midan Marketing, LLC NC$10.4M · 0.81%
Hutchens Law Firm, LLP NC$10.1M · 0.45%
Epsilon, Inc. NC$9.7M · 0.68%
Drake Enterprises, LTD NC$9.5M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871711641 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.