Plan Ledger DOL Form 5500 · updated monthly

Corvid Technologies, LLC401(k)

CORVID TECHNOLOGIES, LLC 401(K) PLAN · MOORESVILLE, NC · plan year 2022

Reported admin expense ratio · 2022
0.09%

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

Corvid Technologies, LLC reported $26,747 in plan administrative expenses for 2022: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,060 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 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 564th-largest of 2,005 plans among North Carolina employers on file, and the 4,174th of 11,654 in professional & technical services. In 2022, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,073,493
Participants with balances377
Active participants350
Employer contributions$1,771,053
Employee contributions$2,899,699
Employer contribution per active participant$5,060
Average account balance$79,771
Benefits paid to participants$534,884
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $43K emplr
2022$30.1M · 377 accts · $1.8M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$26,747
Total administrative$26,747
The Corvid Technologies, LLC 401(k) match · 2022
Employer contribution per active participant$5,060
Median for plans this size$2,266

Corvid Technologies, LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$26,747 · 0.09%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Usfalcon, Inc. NC$33.2M · 0.35%
Paymentus Group, Inc. NC$31.3M · 0.13%
Sato America, LLC NC$27.7M · 0.06%
W. K. Dickson & Co., Inc. NC$27.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800878486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.