Plan Ledger DOL Form 5500 · updated monthly

Employee Relations Associates, Inc.401(k)

TALENTBRIDGE COMPANIES 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Employee Relations Associates, Inc. reported $40,020 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $257 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 0.66% to 0.61%. 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 (1,323rd of 2,005), and the 1,254th of 2,534 in administrative & support services. In 2024, employees put in $2.25 for every $1.00 the employer contributed; active participation has grown from 305 to 1,049 since 2022.

Plan summary
Net assets, end of year$6,686,310
Participants with balances125
Active participants1,049
Employer contributions$269,454
Employee contributions$606,049
Employer contribution per active participant$257
Average account balance$53,490
Benefits paid to participants$1,456,992
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 125 accts · $269K emplr
2023$6.4M · 93 accts · $308K emplr
2022$5.2M · 116 accts · $348K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,022
Investment management$20,998
Total administrative$40,020
The Employee Relations Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$257
Median for plans this size$1,313
2024$257 per active participant
2023$3,461 per active participant
2022$1,141 per active participant

Employee Relations Associates, Inc.'s 2024 employer contribution ran below the $1,313 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
THE WATERFORD GROUP LLC · Investment advisory (plan)$20,998
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$19,022

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$40,020 · 0.61%
2023$37,404 · 0.65%
2022$34,534 · 0.66%
Same employer
Similar plansAdministrative & Support Services · North Carolina
Bruce Terminix Company NC$7.8M · 0.37%
Castle Branch, Inc NC$7.8M · 0.24%
Leaseaccelerator, Inc. NC$7.7M · 0.41%
Sunstates Security, LLC NC$6.8M · 0.63%
Crg Corporation NC$6.4M · 0.28%
Academi LLC NC$6.1M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161237844 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.