Plan Ledger DOL Form 5500 · updated monthly

Firebirds International, LLC401(k)

FIREBIRDS INTERNATIONAL, LLC 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Firebirds International, LLC reported $7,575 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $47 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 rose from 0.04% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in North Carolina (1,786th of 2,005), and 1,467th of 2,240 in accommodation & food services. In 2024, employees put in $6.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,910,433
Participants with balances163
Active participants2,462
Employer contributions$115,388
Employee contributions$731,993
Employer contribution per active participant$47
Average account balance$11,720
Benefits paid to participants$49,688
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON & COMPANY, LLP
Plan history2
Yearassets · accounts · employer contribution
2024$1.9M · 163 accts · $115K emplr
2023$912K · 137 accts · $104K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,575
Total administrative$7,575
The Firebirds International, LLC 401(k) match · 2024
Employer contribution per active participant$47
Median for plans this size$1,313
2024$47 per active participant
2023$49 per active participant

Firebirds International, LLC'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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$7,575

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history2
2024$7,575 · 0.54%
2023$335 · 0.04%
Same employer
Similar plansAccommodation & Food Services · North Carolina
Triton Restaurants Inc. NC$1.5M · 1.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470883735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.