Plan Ledger DOL Form 5500 · updated monthly

Corvid Holdings, Inc.401(k) + ESOP (KSOP)

CORVID HOLDINGS, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN · MOORESVILLE, NC · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Corvid Holdings, Inc. reported $18,608 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $912 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 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 417th-largest of 2,005 plans among North Carolina employers on file, and the 3,050th of 11,654 in professional & technical services. In 2023, employees put in $7.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,065,447
Participants with balances447
Active participants665
Employer contributions$606,307
Employee contributions$4,248,825
Employer contribution per active participant$912
Average account balance$98,580
Benefits paid to participants$1,189,733
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,608
Total administrative$18,608
The Corvid Holdings, Inc. 401(k) match · 2023
Employer contribution per active participant$912
Median for plans this size$2,440

Corvid Holdings, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$18,608
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history1
2023$18,608 · 0.04%
Similar plansProfessional & Technical Services · North Carolina
Apex Analytix LLC NC$44.8M · 0.20%
Csco NC$44.1M · 0.15%
The Select Group, LLC NC$43.3M · 0.41%
Brightly Software, Inc NC$43.1M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920613750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.