Plan Ledger DOL Form 5500 · updated monthly

Engineered Tower Solutions, PLLC401(k)

ENGINEERED TOWER SOLUTIONS 401(K) PLAN · RALEIGH, NC · plan year 2022

Reported admin expense ratio · 2022
1.11%

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

Engineered Tower Solutions, PLLC reported $27,040 in plan administrative expenses for 2022: 1.11% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,724 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,718th of 2,005), and 10,705th of 11,654 in professional & technical services. In 2022, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,511,707
Participants with balances93
Active participants86
Employer contributions$234,227
Employee contributions$458,441
Employer contribution per active participant$2,724
Average account balance$27,008
Benefits paid to participants$102,502
Plan auditUnmodified (clean) audit opinion
AuditorHUGHES, PITTMAN & GUPTON LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,722
Investment management$11,568
Professional / advisory$750
Total administrative$27,040
The Engineered Tower Solutions, PLLC 401(k) match · 2022
Employer contribution per active participant$2,724
Median for plans this size$1,114

Engineered Tower Solutions, PLLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$27,040 · 1.11%
Same employer
Similar plansProfessional & Technical Services · North Carolina
B&W Fiberglass, Inc. NC$2.9M · 0.59%
Stridebio, Inc. NC$2.8M · 0.21%
Second Nature NC$2.5M · 1.43%
Geo Owl LLC NC$2.3M
Oyster HR Inc. NC$2.0M · 1.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454222572 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.