Plan Ledger DOL Form 5500 · updated monthly

Crg Corporation401(k)

CRG CORPORATION 401(K) PLAN · HIGH POINT, NC · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Crg Corporation reported $16,435 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,721 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 rose from 0.24% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in North Carolina (1,343rd of 2,005), and 1,282nd of 2,534 in administrative & support services. In 2024, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,417,867
Participants with balances159
Active participants196
Employer contributions$337,379
Employee contributions$731,423
Employer contribution per active participant$1,721
Average account balance$40,364
Benefits paid to participants$902,413
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 159 accts · $337K emplr
2023$5.4M · 154 accts · $358K emplr
2022$3.7M · 218 accts · $336K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,435
Total administrative$16,435
The Crg Corporation 401(k) match · 2024
Employer contribution per active participant$1,721
Median for plans this size$1,313
2024$1,721 per active participant
2023$1,568 per active participant
2022$1,576 per active participant

Crg Corporation's 2024 employer contribution ran above the $1,313 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$16,435
IHT WEALTH MANAGEMENT · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)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 history3
2024$16,435 · 0.28%
2023$12,566 · 0.28%
2022$9,700 · 0.24%
Same employer
Similar plansAdministrative & Support Services · North Carolina
Leaseaccelerator, Inc. NC$7.7M · 0.41%
Sunstates Security, LLC NC$6.8M · 0.63%
Academi LLC NC$6.1M · 0.22%
The Budd Group, Inc. NC$5.4M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561897373 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.