Plan Ledger DOL Form 5500 · updated monthly

Ecr Software Corporation401(k)

ECR SOFTWARE CORPORATION 401(K) PSP AND TRUST · BOONE, NC · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Ecr Software Corporation reported $3,295 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,119 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 0.09% to 0.02%. 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 854th-largest of 2,005 plans among North Carolina employers on file, and 6,427th of 11,654 in professional & technical services. In 2024, employees put in $1.39 for every $1.00 the employer contributed; active participation has grown from 170 to 191 since 2022.

Plan summary
Net assets, end of year$15,644,766
Participants with balances257
Active participants191
Employer contributions$977,650
Employee contributions$1,358,976
Employer contribution per active participant$5,119
Average account balance$60,875
Benefits paid to participants$641,169
Plan auditUnmodified (clean) audit opinion
AuditorDMJPS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 257 accts · $978K emplr
2023$11.7M · 235 accts · $895K emplr
2022$8.8M · 237 accts · $767K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,295
Total administrative$3,295
The Ecr Software Corporation 401(k) match · 2024
Employer contribution per active participant$5,119
Median for plans this size$2,416
2024$5,119 per active participant
2023$4,944 per active participant
2022$4,511 per active participant

Ecr Software Corporation's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$3,295

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$3,295 · 0.02%
2023$9,145 · 0.09%
2022$7,844 · 0.09%
Similar plansProfessional & Technical Services · North Carolina
Ltm Inc. NC$16.8M · 0.29%
Employee Retirement Plan NC$15.9M · 0.39%
Cr Legal Team, LLP NC$15.9M · 0.05%
Agbiome, Inc. NC$15.7M · 0.38%
Brock & Scott PLLC NC$15.4M · 0.74%
Wray Ward, LLC NC$15.1M · 0.17%
Strawbridge Studios, Inc. NC$15.0M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561831518 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.