Plan Ledger DOL Form 5500 · updated monthly

Em Squared, LLC401(k)

EM SQUARED, LLC 401(K) PLAN · MORGANTON, NC · plan year 2023

Reported admin expense ratio · 2023
1.74%

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

Em Squared, LLC reported $11,107 in plan administrative expenses for 2023: 1.74% of average plan assets, above the peer median. Employer contributions averaged $455 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 1 year on file its reported administrative ratio fell from 2.68% to 1.74%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in North Carolina (1,904th of 2,005), and 1,787th of 2,240 in accommodation & food services. In 2023, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$826,076
Participants with balances219
Active participants234
Employer contributions$106,517
Employee contributions$255,360
Employer contribution per active participant$455
Average account balance$3,772
Benefits paid to participants$83,899
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $77K emplr
2023$826K · 219 accts · $107K emplr
2022$448K · 203 accts · $103K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,107
Total administrative$11,107
The Em Squared, LLC 401(k) match · 2023
Employer contribution per active participant$455
Median for plans this size$522
2023$455 per active participant
2022$475 per active participant

Em Squared, LLC's 2023 employer contribution ran below the $522 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$11,106

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

Administrative cost history3
2024Not separately reported
2023$11,107 · 1.74%
2022$9,948 · 2.68%
Similar plansAccommodation & Food Services · North Carolina
Fmcj Enterprises, LLC NC$903K · 0.58%
Tandem, Inc. NC$881K · 3.93%
Sds Restaurant Group LLC NC$840K · 1.44%
Lifes Food, LLC NC$834K · 1.81%
Tara Hospitality Corp NC$381K · 0.75%
Charlotte Prime LLC NC$331K · 2.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810744832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.