Plan Ledger DOL Form 5500 · updated monthly

Fhi Clinical Inc.401(k)

FHI CLINICAL INC. RETIREMENT PLAN · DURHAM, NC · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Fhi Clinical Inc. reported $2,901 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,262 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 0.19% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,345th of 2,005), and 9,248th of 11,654 in professional & technical services. In 2024, employees put in $2.47 for every $1.00 the employer contributed; active participation has shrunk from 75 to 60 since 2022.

Plan summary
Net assets, end of year$6,402,167
Participants with balances92
Active participants60
Employer contributions$255,726
Employee contributions$632,227
Employer contribution per active participant$4,262
Average account balance$69,589
Benefits paid to participants$924,011
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 92 accts · $256K emplr
2023$5.3M · 111 accts · $466K emplr
2022$3.7M · 125 accts · $487K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,901
Total administrative$2,901
The Fhi Clinical Inc. 401(k) match · 2024
Employer contribution per active participant$4,262
Median for plans this size$1,313
2024$4,262 per active participant
2023$8,314 per active participant
2022$6,496 per active participant

Fhi Clinical Inc.'s 2024 employer contribution ran above the $1,313 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
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$4,058

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,901 · 0.05%
2023$3,552 · 0.08%
2022$6,116 · 0.19%
Similar plansProfessional & Technical Services · North Carolina
Velocitor Solutions, LLC NC$7.1M · 1.04%
States Newsroom NC$7.0M · 0.60%
Javara Inc NC$6.9M · 0.09%
Choice USA Beverage, Inc. NC$6.8M · 0.08%
Pinta Corporation NC$6.4M · 0.67%
Vantaca, LLC NC$6.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832853562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.