Plan Ledger DOL Form 5500 · updated monthly

Cr Legal Team, LLP401(k)

CR LEGAL TEAM, LLP 401(K) PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Cr Legal Team, LLP reported $7,800 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,053 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 0.10% to 0.05%. 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 849th-largest of 2,005 plans among North Carolina employers on file, and 6,357th of 11,654 in professional & technical services. In 2024, employees put in $3.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,929,925
Participants with balances141
Active participants181
Employer contributions$190,683
Employee contributions$715,920
Employer contribution per active participant$1,053
Average account balance$112,978
Benefits paid to participants$1,246,244
Plan auditUnmodified (clean) audit opinion
AuditorDMJPS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 141 accts · $191K emplr
2023$14.2M · 133 accts · $198K emplr
2022$12.3M · 133 accts · $183K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,350
Investment management$5,450
Total administrative$7,800
The Cr Legal Team, LLP 401(k) match · 2024
Employer contribution per active participant$1,053
Median for plans this size$2,416
2024$1,053 per active participant
2023$1,240 per active participant
2022$1,053 per active participant

Cr Legal Team, LLP's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,450
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,350

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$7,800 · 0.05%
2023$10,348 · 0.08%
2022$13,905 · 0.10%
Same employer
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Cprime, Inc. NC$17.3M · 0.64%
Clinical Ink NC$17.0M · 0.96%
Ltm Inc. NC$16.8M · 0.29%
Employee Retirement Plan NC$15.9M · 0.39%
Agbiome, Inc. NC$15.7M · 0.38%
Ecr Software Corporation NC$15.6M · 0.02%
Brock & Scott PLLC NC$15.4M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263868557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.