Plan Ledger DOL Form 5500 · updated monthly

Customerhd, LLC401(k)

CUSTOMERHD, LLC 401K PLAN · RALEIGH, NC · plan year 2022

Reported admin expense ratio · 2022
4.08%

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

Customerhd, LLC reported $8,482 in plan administrative expenses for 2022: 4.08% of average plan assets, higher than ~90% of peers. Employer contributions averaged $28 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in North Carolina (1,978th of 2,005), and 2,421st of 2,534 in administrative & support services. In 2022, employees put in $69.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$243,509
Participants with balances74
Active participants79
Employer contributions$2,216
Employee contributions$154,235
Employer contribution per active participant$28
Average account balance$3,291
Benefits paid to participants$50,621
Plan auditUnmodified (clean) audit opinion
AuditorTHOMAS, JUDY & TUCKER P.A.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,241
Investment management$874
Total administrative$8,482
The Customerhd, LLC 401(k) match · 2022
Employer contribution per active participant$28
Median for plans this size$331

Customerhd, LLC's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$8,482 · 4.08%
Similar plansAdministrative & Support Services · North Carolina
Rga Enterprises Inc NC$287K · 2.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873437248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.